Event Brief
UPDATED May 1, 2026 at 11:00 AM ET
Apr 28, 2026 at 3:12 AM ET
Oil tops $120 as Trump signals extended Hormuz blockade
By The BriefBrief
Oil rose above $120 as Trump said the US will keep a naval blockade in place during an extended Hormuz standoff.
WHO: Trump
WHAT: Trump signaled the US will keep a naval blockade in place amid an extended Hormuz standoff as Brent crude rose.
WHEN: Apr 29, 2026 at 3:44 PM ET
WHERE: Hormuz
WHY: Trump signaled an extended Hormuz stand-off and the naval blockade would remain in place.
How this story developed (showing 7 of 7 earlier reports)
How this brief is built: The BriefBrief correlates multiple sources into one evolving event brief, updated as new facts emerge.
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