Oil rises above $106 per barrel as US, Iran deadlocked in Strait of Hormuz

Oil just punched through $106 a barrel. 💥

According to Reuters, the jump came after Donald Trump announced vessels will need US Navy permission to cross the Strait of Hormuz.

That’s 20% of the world’s oil traffic.

Iran isn’t backing down either.

One wrong move and we’re looking at a full-blown supply crisis.

But here’s the real question—do you think these threats at sea will actually push gas prices even higher for drivers?

📸 (Image: AI Illustration)

#StraitOfHormuz #OilPrices

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