Oil prices jumped more than 5% Wednesday, on a report that President Donald Trump is prepared to keep the U.S. Navy blockade of Iran in place for an extended period. International benchmark Brent crude futures rose more than 5% to $117.58 per barrel at 11:21 a.m. ET, U.S. West Texas Intermediate futures with June delivery rose more than 5% to $105.33 per barrel. Trump has decided in recent meetings to continue the blockade of Iran rather than resume bombing or walk away from the conflict, U.S. officials told The Wall Street Journal. The president has told his aides recently to...