politics

Oil Market Sees Historic Disruptions as Attacks on Shipping Escalate

CNN's Eleni Giokos discusses crude oil surging to $100 a barrel after Iran’s new supreme leader, Mojtaba Khamenei, vowed to keep the Strait of Hormuz closed.

Oil Market Sees Historic Disruptions as Attacks on Shipping Escalate

TL;DR

  • Crude oil prices have surged to $100 a barrel.
  • Iran's new supreme leader, Mojtaba Khamenei, vowed to keep the Strait of Hormuz closed.
  • US forces are being questioned about bombing a girls' school in Iran using outdated intelligence.
  • An American service member survived a drone attack in Kuwait.
  • President Donald Trump offered Jake Paul his endorsement if he ran for Congress.
  • Trump delivered mixed messaging about the war in Iran at a rally in Kentucky.
  • Sen. John Cornyn will support changes to Senate rules to pass a voter ID and proof of citizenship bill.
  • Trump claimed the US has won the war with Iran.
  • A plan to choke off Russia's war money could backfire due to the war with Iran.