Oil prices jump and stocks are mixed as the U.S.-Iran standoff keeps the Strait of Hormuz in limbo
CTV News
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Oil prices climbed more than five per cent while world shares were mixed Monday as a standoff between Iran and the U.S. prevented tankers from using the Strait of Hormuz.
Oil Prices Surge on Hormuz Standoff
- Current price of oil as of April 20, 2026 Fortune —
- Strait of Hormuz Traffic Is at a Standstill Again The New York Times —
- Why Oil Prices Are Rising Again Ahead of Potential U.S., Iran Peace Talks Barrons —
- Oil rises 5% on renewed US-Iran tension RTE —
- Oil rebounds as Iran threatens to retaliate for US attack on cargo ship Financial Times —