Oil extends rally as market focuses on Hormuz disruption

RTE — Apr 29, 08:29 AM

Oil prices rose today, extending a multi-day rally, on media reports the US will extend its blockade of Iranian ports, likely prolonging supply disruptions from the key Middle East producing region.

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Strait of Hormuz crisis deepens

Iran Offers a New Proposal to End War Wall Street Journal — Apr 28, 03:08 AM
Iran offers to reopen Strait of Hormuz if US lifts its blockade and the war ends • FRANCE 24 📹 France 24 — Apr 28, 09:34 AM · 2min
Iran to reopen Strait of Hormuz if US lifts blockade, reports claim Euronews — Apr 28, 07:39 AM
Iran offers to reopen Strait of Hormuz if US lifts its blockade and the war ends France 24 — Apr 28, 09:34 AM
Trump not happy with latest Iran proposal to end the war, US official says Sydney Morning Herald — Apr 28, 07:30 AM