Oil prices spike as Trump plans his own clampdown on Strait of Hormuz and blasts NATO for not helping to defeat Iran: 'They weren't there for us'

Oil prices spike as Trump plans his own clampdown on Strait of Hormuz and blasts NATO for not helping to defeat Iran: 'They weren't there for us'

Oil prices spiked back over $100 a barrel as the markets reacted to Donald Trump's announcement of a blockade preventing access to the Strait of Hormuz for Iranian bound ships.

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