--- title: "Oil prices surge briefly after Trump orders Navy to fire on vessels laying mines in the Strait of Hormuz" type: "News" locale: "en" url: "https://longbridge.com/en/news/283836779.md" description: "Oil prices spiked briefly following Trump's order for the Navy to open fire on ships laying mines in the Strait of Hormuz. Brent crude rose $1.09 in five minutes to $102.79 per barrel; WTI crude gained $0.97 to $93.65 per barrel" datetime: "2026-04-23T12:52:29.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/283836779.md) - [en](https://longbridge.com/en/news/283836779.md) - [zh-HK](https://longbridge.com/zh-HK/news/283836779.md) --- # Oil prices surge briefly after Trump orders Navy to fire on vessels laying mines in the Strait of Hormuz Brent crude rose $1.09 per barrel in five minutes to $102.79 per barrel; WTI crude gained $0.97 per barrel to $93.65 per barrel. This follows Trump's order for the Navy to fire on vessels laying mines in the Strait of Hormuz. ### Related Stocks - [OXY.US](https://longbridge.com/en/quote/OXY.US.md) - [BP.UK](https://longbridge.com/en/quote/BP.UK.md) - [IEO.US](https://longbridge.com/en/quote/IEO.US.md) - [OIH.US](https://longbridge.com/en/quote/OIH.US.md) - [USO.US](https://longbridge.com/en/quote/USO.US.md) - [CRAK.US](https://longbridge.com/en/quote/CRAK.US.md) - [XES.US](https://longbridge.com/en/quote/XES.US.md) - [IXC.US](https://longbridge.com/en/quote/IXC.US.md) - [XOP.US](https://longbridge.com/en/quote/XOP.US.md) - [BNO.US](https://longbridge.com/en/quote/BNO.US.md) - [UCO.US](https://longbridge.com/en/quote/UCO.US.md) - [VDE.US](https://longbridge.com/en/quote/VDE.US.md) ## Related News & Research - [Traders place $430 million bet on lower oil price before Trump ceasefire extension](https://longbridge.com/en/news/283673903.md) - [Reopened Strait of Hormuz and falling oil prices may recast Fed's options for future cuts](https://longbridge.com/en/news/283158663.md) - [LIVE MARKETS-Markets light on volume and high on hopes](https://longbridge.com/en/news/283301052.md) - [Global oil stocks could fall by 900 million bbl even if ceasefire is extended, Citi says](https://longbridge.com/en/news/283382223.md) - [Ample supply buffers US cargoes from price shock as Europe, Asia prices surge](https://longbridge.com/en/news/283060206.md)