Oil Price Rises Above $100 as Trump Threatens to Shoot Boats Laying Mines in Strait of Hormuz

Brent crude oil price is back above $100, reaching a two-week high as tensions between the U.S. and Iran rise again. U.S. President Donald Trump threatened to shoot Iranian boats that are laying mines in the Strait of Hormuz as the standoff in this oil chokepoint continues despite a ceasefire between the two countries.