A top Iranian military official repeated a threat to shut the Strait of Hormuz if the country’s oil shipments are blocked by US sanctions, at the same time an official in parliament warned crude prices could top $100 a barrel, according to reports Sunday by state television news agency iribnews.ir. The threat to close the strait, the world’s busiest oil transit chokepoint, was also made April 22 when the US announced it would end sanctions waivers for all buyers of Iranian crude. US President Donald Trump showed Friday he remains focused on domestic gasoline prices as he said in comments to reporters and separately in a tweet that he spoke with OPEC producers and asked them to increase supply to lower prices. “If our oil is not to pass the Strait of Hormuz, oil of […]