Oil prices rise after U.S. military announces blockade of Iranian ports

We are already seeing markets move with all of this happening and that could mean oil prices will surge again. Alli Canal is tracking that and Ally may mean a rough start for Wall Street tomorrow morning. Yeah, very likely Hi.Oil prices spiking above $100 a barrel, reversing the price declines we saw last week. We're also seeing pressures across US equity futures with the Dow, S&P 500, and NASDAQ all indicating sharp losses at Monday's open. The straight of Hormuse is one of the most critical oil choke poin ...