US President Donald Trump demanded that tanker crews sailing through the Strait of Hormuz, south of Iran, “show some guts” as global oil prices spiked, saying there was “nothing to be afraid of” after the US-Israeli joint operation against the regime.
Global oil prices reached over $100 per barrel early Monday amid fears of a longer-term disruption to energy supplies through the key Strait of Hormuz shipping route. Roughly a fifth of the world’s oil typically passed through the narrow waterway, but shipping largely ground to a halt since the conflict began more than a week ago, Mediaite reported.
