Oil surges to 4-year high, stocks slip after Trump blockade warning
Culture Index
Score Breakdown
Relevance
3/25
Freshness
25/25
Authority
10/20
Brand Signal
14/15
Depth
8/15
5-Axis Cultural Radar
Oil prices soared more than five per cent to a fresh four-year high on Thursday while stocks fell after Donald Trump warned the US blockade of Iranian ports could last months as peace talks remained stalled. While Tehran submitted a fresh proposal this week to reopen the crucial Strait of Hormuz, the US president reportedly did not believe it was negotiating in good faith. The Wall Street Journal

