Finance
Oil Rises as US-Iran Standoff Threatens Prolonged Supply Shock
Oil rose as a US-Iran standoff over the crucial Strait of Hormuz dragged on, prolonging an unprecedented supply shock that has roiled energy markets.
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Bloomberg
April 28, 2026·1 min read
Image: Bloomberg
Oil rose as a US-Iran standoff over the crucial Strait of Hormuz dragged on, prolonging an unprecedented supply shock that has roiled energy markets.
Original article
Oil Rises as US-Iran Standoff Threatens Prolonged Supply Shock
Published by Bloomberg