Oil futures up 7% on Hyperliquid as Trump orders Naval blockade of Hormuz

Oil futures up 7% on Hyperliquid as Trump orders Naval blockade of Hormuz

Search/NewsVideoPricesResearchConsensus 2026Data & IndicesSponsoredSearch/enMarketsShareShare this articleCopy linkX iconX (Twitter)LinkedInFacebookEmailOil futures up 7% on Hyperliquid as Trump orders Naval blockade of HormuzOil prices spiked on the Hyperliquid platform after President Donald Trump ordered a naval blockade of the Strait of HormuzBy Omkar GodboleUpdated Apr 12, 2026, 2:30 p.m. Published Apr 12, 2026, 2:16 p.m. Make preferred on Oil futures surge on Hyperliquid. (Sergio Russo / Flickr)What to know: Oil prices spiked on the Hyperliquid platform after President Donald Trump ordered a naval blockade of the Strait of Hormuz following failed nuclear talks with Iran.WTI and Brent crude futures jumped about 7 percent and 6 percent, respectively, with WTI trading volume on Hyperliquid reaching $1.53 billion, underscoring growing use of decentralized platforms for price discovery

Source: https://www.coindesk.com/markets/2026/04/12/oil-futures-up-7-on-hyperliquid-as-trump-orders-naval-blockade-of-hormuz