Finance

Oil Rises After Hitting Wartime High as US Amps Up Iran Pressure

Oil climbed from the highest close in almost four years as the US ramped up pressure on Iran, signaling no letup in its naval blockade and seeking the forfeiture of seized tankers linked to the Islamic Republic.

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Bloomberg
April 29, 2026·1 min read
Oil Rises After Hitting Wartime High as US Amps Up Iran Pressure

Image: Bloomberg

Oil climbed from the highest close in almost four years as the US ramped up pressure on Iran, signaling no letup in its naval blockade and seeking the forfeiture of seized tankers linked to the Islamic Republic.

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Oil Rises After Hitting Wartime High as US Amps Up Iran Pressure

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