Oil prices jump after Trump announces U.S. blockade of the Strait of Hormuz

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Community Watch System Admin Verified Rancho Cordova, CA 95742 Apr 13, 2026 4:42 pm

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Neil Irwin, chief economic correspondent at Axios, joins CBS News 24/7 to break down the jump in oil prices after President Trump announced the U.S. would blockade Iranian ports in the Strait of Hormuz.

Original source: https://www.cbsnews.com/video/oil-prices-jump-after-trump-says-the-us-would-blockade-the-strait-of-hormuz/

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