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THU · 2026-04-30 · 09:00 GMTBRIEF NSR-2026-0430-72720
News/Oil surge on Trump blockade warning tests stocks’ resilience
NSR-2026-0430-72720·

Oil surge on Trump blockade warning tests stocks’ resilience

Subscribers: The Daily Pulse won’t be published on May 1 because of China’s Labour Day holiday. We will resume publication on Monday, May 4. Crude oil prices jumped to a four-year high after US President Donald Trump suggested that a US naval blockade of the Strait of Hormuz could last for “months”.

Neil Denslow,Raymond MaSouth China Morning PostFiled 2026-04-30 · 09:00 GMTRead · 1 min
Oil surge on Trump blockade warning tests stocks’ resilience
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1 min read · 85 words
Subscribers: The Daily Pulse won’t be published on May 1 because of China’s Labour Day holiday. We will resume publication on Monday, May 4. Crude oil prices jumped to a four-year high after US President Donald Trump suggested that a US naval blockade of the Strait of Hormuz could last for “months”. Brent crude, the global benchmark, surged as much as 7.3 per cent, surpassing US$126 a barrel, following reports that Trump met oil executives on Tuesday to discuss ways of extending the blockade and...