Finance

Oil Rises With Elusive Outlook for US-Iran Deal Over Hormuz

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
Oil Rises With Elusive Outlook for US-Iran Deal Over Hormuz

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.

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Oil Rises With Elusive Outlook for US-Iran Deal Over Hormuz

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