Oil prices surged by more than % following Trump's statement about resuming maritime blockades against Iran.4
International oil prices jumped by more than %. This increase came after former President Trump mentioned the resumption of U.S. maritime blockades against Iran, reflecting concerns over supply disruptions in the market. Both Brent and WTI futures prices rose in tandem.4
 futures rose. It was reported that both benchmarks showed an increase of around % during the session.4
Former President Trump's remarks were reflected in the market on the day of month, UTC. The term 'maritime blockade' mentioned refers to the potential resumption of activities by the U.S. Navy.7 12]},
The market immediately reflected the supply risks in prices. It was explained that vigilance regarding tanker routes and conditions for passing through the Strait of Hormuz has heightened again.
Energy-related financial products and stock prices in some sectors showed simultaneous fluctuations. Reports followed that the uncertainty in the spot market grew along with changes in positions in the futures market.
This movement was recorded as an example of how geopolitical risks are quickly reflected in oil prices. Market participants immediately reassessed prices whenever related news emerged.
Sources: Reuters,Yahoo Finance
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