Oil prices have again climbed today, with Iran threatening to close the Bab al-Mandeb Strait if Trump escalates tensions in the Middle East once the 8 P.M. deadline elapses. Iran has also reportedly cut off communications with the U.S. as tensions continue to build ahead of the deadline today.
Oil Prices Rise as Iran Threatens to Close Bab al-Mandeb Strait as Trump Deadline Nears
coingape.com
07 April 2026 15:52, UTC
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