Oil surges above $100, stocks slide as Trump announces Strait of Hormuz blockade

Oil surges above $100, stocks slide as Trump announces Strait of Hormuz blockadeThe energy markets are once again on edge given the threat issued by President Trump regarding the blockade of Strait of Hormuz and other Iranian ports. The announcement comes after the US and Iran failed to reach an...

from The News International - Business https://ift.tt/iaknuNf