Oil prices jump on looming US move to block Iranian ports

TL;DR Summary
Oil prices rose after the United States said it would block Iranian ports starting Monday, fueling concerns about disruption to shipments through the Strait of Hormuz and tighter global oil supply.
- Oil prices rise after the US says it would block Iranian ports starting Monday AP News
- Oil prices rise after Trump threatens to block passage through Strait of Hormuz CNN
- Asia markets open lower as oil surges after U.S. moves to blockade Iran ports CNBC
- Oil prices surge on blockade vow, failed U.S.-Iran talks Axios
- Oil Advances as US Blockade of Hormuz Escalates Energy Crisis Bloomberg.com
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