Finance

Oil Holds Gains as Traders Focus on Next Steps for Peace Talks

Oil steadied as investors focused on the next steps for peace talks over the Iran war, with the crucial Strait of Hormuz remaining effectively closed, extending disruptions that have upended global markets.

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Bloomberg
April 28, 2026·1 min read
Oil Holds Gains as Traders Focus on Next Steps for Peace Talks

Image: Bloomberg

Oil steadied as investors focused on the next steps for peace talks over the Iran war, with the crucial Strait of Hormuz remaining effectively closed, extending disruptions that have upended global markets.

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Oil Holds Gains as Traders Focus on Next Steps for Peace Talks

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