France 24 • April 13, 2026 09:39

Oil prices surge as Trump vows to block the Strait of Hormuz

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US crude oil prices surged nearly 8%, reaching US$104 per barrel, as concerns grow over a potential US blockade of the Strait of Hormuz. In March, Iran exported around 1.85 million barrels of crude per day through the strait. Meanwhile, Hungarians are eyeing a new economic future as Peter Magyar promises reforms to tackle corruption.

Story Timeline

Thu 12:30 - Al-Monitor

Dubai's luxury stores take hit as Mideast war drags on

Fri 09:00 - NPR

Evacuation of U.S. troops from Mideast base sends community groups scrambling to help

Fri 22:55 - PBS Newshour

U.S. fighter jet shot down over Iran as strikes on infrastructure expand across Mideast

Sat 17:00 - Al-Monitor

Mideast war presents 'serious risk' for Africa: report

Sun 09:30 - France 24

Sri Lanka struggles to avert economic collapse over Mideast war

Sun 14:11 - France 24

The week in pictures: Mideast war, a lunar mission and Holy Week processions

Tue 11:13 - Al Jazeera English

Can Africa tackle the oil shock from the Iran war?

Tue 15:00 - The Hill

China is offering Africa certainty. America is offering a deadline.

Tue 22:45 - PBS Newshour

Mideast experts weigh Iran regime's leverage in negotiations with U.S.

Wed 13:33 - NPR

Oil prices plunge and stocks soar after U.S. and Iran agree on a ceasefire

Thu 09:00 - Washington Post

U.S. struggles to maintain an Iran truce whose terms are still in dispute

Fri 23:30 - PBS Newshour

Can the U.S. and Iran turn the temporary ceasefire into long-term peace?

Sat 13:00 - Fox News

STEVE FORBES: No more delusions — America has to finish the job in Iran

Sun 03:28 - Middle East Eye

Iran in no hurry to resume negotiations, ball in America’s court, local media says

Mon 01:30 - Al Jazeera English

Oil prices surge past $103 a barrel after US announces blockade of Iran

Mon 03:29 - The Hill

Oil prices surge above $100 as US Navy to blockade Iran’s ports after peace talks fail

Mon 05:37 - Sky News (UK)

Oil back over $100 a barrel after just four days

Mon 09:39 - France 24

Oil prices surge as Trump vows to block the Strait of Hormuz

Different Perspectives

Al Jazeera English

2 articles

▼

01:30

Oil prices surge past $103 a barrel after US announces blockade of Iran

Asian stocks fall as naval blockade threat injects new turmoil into financial markets.

11:13

Can Africa tackle the oil shock from the Iran war?

African nations are scrambling to secure oil and gas as the Iran war disrupts supplies from the Middle East.

Al-Monitor

2 articles

▼

17:00

Mideast war presents 'serious risk' for Africa: report

The Middle East war "presents a serious risk to Africa", the African Union and the African Development Bank (AfDB) said in a report seen by AFP Saturday.The conflict threatens to …

12:30

Dubai's luxury stores take hit as Mideast war drags on

Rows of luxury boutiques line an upmarket Dubai mall, yet a month into the Middle East war their sales staff sit idly, phones in hand, watching for the rare customer.Salespeople …

Fox News

1 article

▼

13:00

STEVE FORBES: No more delusions — America has to finish the job in Iran

The author argues the West must not waver on Iran, urging Strait of Hormuz bypass pipelines and resumed pressure after Islamabad negotiations.

France 24

2 articles

▼

14:11

The week in pictures: Mideast war, a lunar mission and Holy Week processions

The war in the Middle East showed no sign of ending as President Donald Trump exchanged threats with the Iranian regime and jittery markets sent oil prices surging. The week …

09:30

Sri Lanka struggles to avert economic collapse over Mideast war

Sri Lanka is struggling to prevent a repeat of its spectacular economic collapse four years ago, as the prolonged Middle East war compounds the fallout from a deadly cyclone in …

Middle East Eye

1 article

▼

03:28

Iran in no hurry to resume negotiations, ball in America’s court, local media says

Iran in no hurry to resume negotiations, ball in America’s court, local media says Iran is “in no hurry” to resume negotiations with the United States and believes the “ball …

NPR

2 articles

▼

13:33

Oil prices plunge and stocks soar after U.S. and Iran agree on a ceasefire

Investors around the world breathed a sigh of relief at the prospect of peace — and an easing of the global energy crisis.

09:00

Evacuation of U.S. troops from Mideast base sends community groups scrambling to help

Troops and their families have been pushed back to the United States after their bases in the Middle East were threatened by Iranian counterattacks. Community groups are scrambling to react.

PBS Newshour

3 articles

▼

23:30

Can the U.S. and Iran turn the temporary ceasefire into long-term peace?

President Trump finds an off-ramp to the five-week war in Iran, but at what cost? He began the week threatening Iran's "whole civilization." But when Pakistan presented a plan to …

22:45

Mideast experts weigh Iran regime's leverage in negotiations with U.S.

As President Trump backs down from his threats against Iran's infrastructure and agrees to a two-week ceasefire, Geoff Bennett speaks with Alan Eyre and Miad Maleki. Eyre was part of …

22:55

U.S. fighter jet shot down over Iran as strikes on infrastructure expand across Mideast

For the first time in five weeks of war with Iran, two American combat aircraft were shot down in separate incidents. One of two service members onboard an F-15E was …

Sky News (UK)

1 article

▼

05:37

Oil back over $100 a barrel after just four days

After just four days below, the oil price is back above $100 a barrel as US President Donald Trump said the US military would blockade the key Strait of Hormuz …

The Hill

2 articles

▼

03:29

Oil prices surge above $100 as US Navy to blockade Iran’s ports after peace talks fail

Oil futures were at over $100 per barrel in the wake of President Trump’s announcement that the U.S. military would start blockading ships looking to enter the Strait of Hormuz. …

15:00

China is offering Africa certainty. America is offering a deadline.

China has expanded its duty-free treatment to imports from 53 African countries, while the U.S. has only extended the African Growth Opportunity Act (AGOA) for one year, leaving African countries …

Washington Post

1 article

▼

09:00

U.S. struggles to maintain an Iran truce whose terms are still in dispute

As the White House claimed success, Tehran disputed the terms, shipping through the Strait of Hormuz remained stalled, and new questions emerged.