Trump's Iran Deadline Drives Oil Prices Up; Hormuz Supply Risk Rises

Crude prices ticked higher, and gold steadied, as President Trump's looming Tuesday deadline for Iran to reopen the Strait of Hormuz fueled fears of supply disruptions, prompting OPEC+ to agree to boost output upon reopening.

Coverage

• Middle East crisis live: Iran warns of ‘devastating’ retaliation after Trump’s expletive-laden threats over strait of Hormuz
• U.S. oil is breaking out as Iran war continues. A look at how past peaks have affected stocks
• Crude Futures Edge Up As Trump’s Iran Deadline Nears
• Oil Steadies as Trump’s Iran Threats Escalate Before Deadline
• OPEC+ agrees to boost output when Strait of Hormuz reopens
• The Strait of Hormuz Is Not the 1915 Dardanelles Campaign

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