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Oil prices SURGE to over $100 as U.S. announces Iranian blockade - The Weekend Primetime - MS NOW
U.S. crude oil futures have jumped nearly 8% to $104.20 per barrel as CENTCOM has announced the U.S. military will blockade all maritime traffic entering and exiting Iranian points starting Monday morning.
This comes as peace talks between the U.S. and Iran have collapsed following Vice President JD Vance’s visit to Pakistan. Former Special Envoy for Iran Robert Malley joins The Weekend: Primetime to discuss. - Aired on 04/12/2026.