Oil jumps above $116 as Trump's Strait of Hormuz deadline approaches

Oil jumps above $116 as Trump's Strait of Hormuz deadline approaches‎

NBC

16:41

Oil prices jumped and stocks tumbled Tuesday after the U.S. launched fresh strikes on Iran's Kharg Island and Trump's deadline for Hormuz to reopen approached.

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Trump's Strait of Hormuz deadline looms‎

The world is awaiting how President Trump will act on his threats against Iran linked to the reopening of the Strait of Hormuz. CBS News' Nancy Cordes reports.

CBS

16:19

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