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Oil Holds Weekly Gain as Trump Says Iran Blockade Is Working
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Oil Holds Weekly Gain as Trump Says Iran Blockade Is Working

Bloomberg Markets · Apr 30, 2026, 10:01 PM · Also reported by 4 other sources

Oil held its second weekly gain as US President Donald Trump said he was sticking with a naval blockade of Iranian ports, elevating concerns the vital Strait of Hormuz would not reopen anytime soon.

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DW English Can Iran withstand the US naval blockade? NY Times Trump Says He’s ‘Not Satisfied’ With Iran’s Latest Proposal NY Times Trump ‘Not Satisfied’ With Iran’s Proposal on Ending War Financial Times What will Trump’s war on Iran mean for global trade?

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