President Donald Trump told oil tanker crews to “show some guts” as he pushed them to keep shipping through the Strait of Hormuz as his war against Iran rages.
The price of oil has skyrocketed as the ongoing conflict has disrupted shipping through one of the busiest chokepoints that connects the Persian Gulf and the Gulf of Oman.
Oil prices soared past $100 on Monday for the first time in four years as producers in the Middle East started to cut output due to the Strait of Hormuz disruptions. Israel also attacked Iran’s oil depots over the weekend.
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