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Breaking: Oil Prices Climb as Iran Set To Deploy Mines at Strait of Hormuz

  • March 11, 2026
  • 66
  • 1 Min Read

Oil prices climbed, rising from intraday lows, on the back of reports that Iran is planning to deploy mines at the Strait of Hormuz. This move will further restrict the oil flows at this major chokepoint and comes just a day after U.S. President Donald Trump warned Iran about effectively closing the Strait. Oil Prices

The post Breaking: Oil Prices Climb as Iran Set To Deploy Mines at Strait of Hormuz appeared first on CoinGape.

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