Ahmed Kamel – Egypt Daily News World International energy markets experienced a massive upward price shock on Monday after United States President Donald Trump announced the immediate reimposition of a strict naval embargo on Iran. United States crude oil contracts surged by over nine percent to settle at seventy-eight dollars and fourteen cents per barrel, [...] The post Global Crude Oil Prices Surge Nearly Ten Percent Following Reinstatement of Iranian Maritime Blockade first appeared on Egypt Daily News - Egypt News .
