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Trump said his blockade would cause Iran's oil industry to 'explode' this week. Why that won't happen

By CNBC | 1 min read

Trump said his blockade would cause Iran's oil industry to 'explode' this week. Why that won't happen

The U.S. and Iran are locked in a standoff that will only break when one side decides it can no longer tolerate the pain. Who will move is unclear.

# Trump said his blockade would cause Iran's oil industry to 'explode' this week. Why that won't happen The U.S. and Iran are locked in a standoff that will only break when one side decides it can no longer tolerate the pain. Who will move is unclear. **Read the full article:** [CNBC](https://www.cnbc.com/2026/04/30/trump-blockade-iran-oil-strait-hormuz.html) *This article was originally published by CNBC. MoneyWiseInc provides expert curation of the best financial content from trusted sources.*