Trump admin live updates: Oil prices skyrocket as Trump’s Strait of Hormuz blockade set to begin
Published on April 13, 2026.
Oil prices have risen to $100 per barrel as a result of the planned blockade of the Strait of Hormuz, a critical waterway that carries much of the world's oil. Meanwhile, President Trump has criticised Pope Leo for being "weak" on the Iran war and immigration policy. The president and first lady will meet with King Willem Alexander and Queen Maxima of the Netherlands later on Monday.
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