Oil price briefly hits $120 after reports of ‘extended’ Iran blockade BBCLive updates: Trump says Iran ‘better get smart soon’ as talks deadlock sends oil prices higher CNNTrump urges Iran to sign a deal and discusses prolonged blockade Honolulu Star-AdvertiserBrent oil tops $118 after Trump says he will blockade Iran until it agrees to a nuclear deal CNBCTrump vows to maintain Iran blockade, Tehran threaten ‘practical’ action Al Jazeera