EPISODE · Apr 23, 2026 · 1 MIN
Oil Prices Soar as Strait of Hormuz Remains Shut
from The Daily News Now! Business
The Pentagon reveals that clearing Iranian sea mines from the Strait of Hormuz could take six months, causing global oil flows to remain choked at ten to fifteen million barrels a day. Oil prices surge, with Brent crude over one hundred dollars a barrel, and U.S. drillers are gearing up in North America. This situation makes oil stocks, such as Exxon, Halliburton, and oil ETFs, attractive investments through 2026. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/73e24193abcb8341
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Oil Prices Soar as Strait of Hormuz Remains Shut
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