Finance

Oil Extends Rally as Hormuz Stays Shut With Blockade to Continue

Oil pushed higher for a fourth session, with no signs of progress toward a resolution to the Iran war that’s roiled global markets following the near-closure of the crucial Strait of Hormuz.

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Bloomberg
April 29, 2026·1 min read
Oil Extends Rally as Hormuz Stays Shut With Blockade to Continue

Image: Bloomberg

Oil pushed higher for a fourth session, with no signs of progress toward a resolution to the Iran war that’s roiled global markets following the near-closure of the crucial Strait of Hormuz.

Original article

Oil Extends Rally as Hormuz Stays Shut With Blockade to Continue

Published by Bloomberg

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