#OilPriceInflation
Trump announced a U.S. blockade of the Strait of Hormuz following failed Iran peace talks, potentially escalating conflict and contributing to rising oil prices and inflation.

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4/12: CBS Weekend News
via Home - CBSNews.com — Trump says U.S. will blockade Strait of Hormuz after Iran peace talks collapse; oil prices fueling inflation amid Iran war.
resist47.news
April 13, 2026 at 3:01 AM