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The Strait of Hormuz Has Been Closed for 100 Days. Why Aren’t Oil Prices Higher?

Posted on June 14, 2026
By Wired
0 Views
1 min read

The Strait of Hormuz Has Been Closed for 100 Days. Why Aren’t Oil Prices Higher?

President Donald Trump says a secret mission moved 100 million barrels of oil through the blocked Strait of Hormuz. That number is impossible to verify.