Axios

Oil prices jump after Strait of Hormuz setbacks

Apr 19, 2026Center Left

Data: Financial Modeling Prep; Chart: Ben Geman/AxiosOil prices are up around 6% Sunday evening after the weekend brought fresh escalation of the U.S.-Iran conflict.Why it matters: The jump after international markets opened reverses a large chunk of the sharp decline Friday, when President Trump and Iran's foreign minister claimed the Strait of Hormuz was…

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Oil prices rise and markets fall after US seizure of ship hits Iran peace deal hopes

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Apr 20, 2026

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Oil prices rise and markets fall after US seizure of ship hits Iran peace deal hopes

FTSE 100 slides and UK gas prices up amid fears strait of Hormuz will be closed for extended periodMiddle East crisis – live updatesBusiness live – latest updatesOil prices have risen sharply and European stock markets have fallen after the US seizure of an Iranian vessel dented hopes for a peace deal.Brent crude, the international benchmark for oil…

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Where things stand in the Strait of Hormuz

CBS News

Apr 18, 2026

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Where things stand in the Strait of Hormuz

For seven weeks, Iran effectively weaponized the Strait of Hormuz. Imtiaz Tyab, who visited the contested waterway this week, reports on the status.

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