What Would a US Blockade of Hormuz Mean for Energy MarketsPosted by MarketsWireAs President Trump threatens a US blockade of the Strait of Hormuz, Bloomberg's Stephen Stapczynski reports on the possible impact on oil and fuel supplies. (Source: Bloomberg)1 repliestomspark wrote:Trump threatening to blockade Hormuz is genuinely insane — that'd crater the global economy and oil would spike to like $200 a barrel overnight. This is the kind of move that sounds tough but would hurt Americans worse than anyone else.