Categories Articles Oil prices spike after failed US-Iran peace talks and Trump’s blockade of the Strait of Hormuz Post author By crystalg Post date April 12, 2026 Business Insider Business Insider Tags After, blockade, failed, Hormuz, Peace, prices, Spike, Strait, Talks, Trumps, USIran ← Entrepreneurs Can Get Websites Up and Running With This Multitasking Tool, Now for Just $400 → You can grab a refurbished 2021 Kindle Paperwhite starting at just $49.99