Oil prices rise after Trump issues ultimatum and Iran threatens to close the Strait of Hormuz indefinitely
- Posted on March 22, 2026
- By CNN
- 6 Views
Oil prices rise after Trump issues ultimatum and Iran threatens to close the Strait of Hormuz indefinitely
Oil prices rose Sunday after President Donald Trump threatened to “obliterate” Iran’s power plants if the Strait of Hormuz is not reopened by Monday evening.
