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 Why did South Korea declare martial law, what’s next for President Yoon? December 4, 2024 From Avocados To Autos, Trump Tariffs On Canada, Mexico Could Hit Close To Home January 31, 2025 ‘Pay $1 Per Barrel In Crypto’: Is An IRGC-Led Toll System Emerging In Hormuz? April 14, 2026