US crude oil rises 8%, Brent surges over 7%

Iran Herald · April 13, 2026 Sanctions

NEW YORK, 13th April, 2026 (WAM) -- Oil prices rose in early market trading Sunday after the US said it would blockade Iranian ports beginning Monday. The price of US crude oil rose 8% to $104. 24 a barrel, and Brent crude oil, the international standard, rose 7% to $102.