Could Trump ‘take over’ the Strait of Hormuz as oil prices rise? Oil prices spiked after shipments through the Strait of Hormuz were disrupted amid the Iran war.Share this: Oil prices surge as violence flares in Strait of HormuzDateMay 4, 2026In relation toAl-JazeeraOil prices jump as US, Iran trade fire in Strait of HormuzDateMay 7, 2026In relation toAl-JazeeraOil prices climb as Iranian demands cloud outlook for Strait of HormuzDateAugust 9, 2026In relation toAl-Jazeera