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Oil Prices Surge as Iran Truce Crumbles | Salt Lake City News

Oil prices surged five percent as Trump signaled the Iran ceasefire is dead, following fresh attacks near the Strait of Hormuz — a vital oil chokepoint. Tensions spiked after U.S.-Iran clashes, with Trump accusing the other side of deceit without confirming renewed hostilities. The fallout could mean higher gas prices, supply chain disruptions, tighter monetary policy, and even political ripple effects — all as global inventories already run low. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:advertise@thednn.ai This is an automated…

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