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Oil Prices Rise as US Starts Blockade of Iran

Posted

April 13, 2026

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7,153

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Rebecca Babin, CIBC Private Wealth senior equity trader and managing director, talks about rising oil prices after the US starts blocking ships transiting to and from Iranian ports. She says it could take weeks or months for oil production to get back to normal, even if a deal is reached between the US and Iran.

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Oil Prices Rise as US Starts Blockade of Iran · Bloomberg Television · Sentinel