Oil rises above $106 per barrel as US, Iran deadlocked in Strait of Hormuz Post author:mck Post published:April 24, 2026 Post category:Blog Jump in prices comes as Donald Trump says vessels will need permission of US Navy to transit key waterway. You Might Also Like Trump hits India with 25% tariff, extra ‘penalty’ for Russian oil purchases July 30, 2025 Tsunami Alerts Issued For These Countries After Major Earthquake Strikes Russia July 30, 2025 Iran to hold nuclear talks with France, UK, Germany on January 13: Report January 1, 2025