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Oil tops $100 as U.S. plans Iranian port blockade after talks fail

Monday April 13, 2026 A ship at the Strait of Hormuz Oil markets surged back above $100 a barrel on Monday as trading resumed in Asia, after US-Iran talks collapsed without a fresh agreement and President Donald Trump said he would blockade Iranian ports. Brent crude, the global benchmark, climbed 7.3% to $102.30 (£76.32), while US West Texas Intermediate rose 8.7% to $104.94. The breakdown in weekend negotiations has deepened fears that the worldwide energy crunch could worsen. Crude had fallen sharply below $100 last…

Trump says U.S. rescues second F-15 pilot hit above Iran

Esra TekinSunday April 5, 2026 President Donald Trump said Sunday that the United States had carried out the rescue of a military officer, identified as a colonel, in what he described as "one of the most daring Search and Rescue Operations in US history." In a post on Truth Social, Trump said the officer had been stranded behind enemy lines in Iran’s mountainous region and was being chased by hostile forces before he was brought out safely in a major military mission involving dozens of aircraft. Noting that the officer…