E2244: U.S. Blockades Hormuz After Talks Fail, Oil Surges 4/13

U.S. Navy has initiated a blockade of the Strait of Hormuz following a failed summit in Islamabad, causing crude oil prices to surge and global markets to react negatively. The blockade halts traffic through the vital 21-mile chokepoint responsible for 20% of the world's oil supply. As Brent crude futures rise sharply, tensions escalate with Iran warning of severe consequences for any interference with its vessels, raising fears of a potential regional conflict and energy crisis.⦿ Check out http://WaynesGold.com and make your money work for you in a chaotic time where headlines say things are good but your bank account says another thing.⦿ Starving sucks. $24 for 6 DAYS OF FOOD fixes that. Easiest decision you'll ever make at https://www.mypatriotsupply.com/?_ef_transaction_id=&oid=1&affid=62Twitter: https://x.com/realwaynedupreeFacebook: https://facebook.com/realwaynedupreeInstagram: Instagram.com/realwaynedupreeYouTube: https://www.youtube.com/@WayneDupreeShowSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.Discover other shows on the Talk Red Podcast Network, and get your daily fix of news, sports, and entertainment at https://TalkRed.com.DISCLAIMER: Some elements of this podcast may include AI-generated content, such as cover thumbnail images, show descriptions and some background audio. Hosted on Acast. See acast.com/privacy for more information.