Oil Hits $112 as Trump Issues 48-Hour Iran Ultimatum
The oil market just delivered its verdict on Trump’s 48-hour ultimatum to Iran: WTI crude rocketed 11.93% to $112.06, hitting its highest level since 2022. But here’s what matters for your portfolio—this isn’t your typical geopolitical oil spike. The Strait of Hormuz Chokepoint Trump’s demand for Iran to reopen the Strait of Hormuz within 48 … Read more