Oil Extends Gain as Hormuz Traffic Grinds to a Halt
Source: Bloomberg Politics · Bias: Center
Summary
Oil rose for a fourth day as the US and Iran remained locked in a battle for control of the Strait of Hormuz after failing to meet for a fresh round of peace talks. Traffic through the waterway ground to a halt on Thursday, with just one bulk carrier seen moving through the strait and none seen entering. Bloomberg’s Stephen Stapczynski reports.
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Daily Analysis
Read the full Parallax Pulse for April 23, 2026 — an AI-powered analysis of how Left and Right media covered the biggest stories this day.
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