Oil prices rise and markets fall after US ship seizure hits Iran peace deal hopes
FTSE 100 slides and UK gas prices up amid fears strait of Hormuz will be closed for extended period
https://www.theguardian.com/business/live/2026/apr/20/oil-price-stock-markets-us-iran-ceasefire-strait-of-hormuz-open-closed-live-updates">Business live – latest updates
Oil prices rose sharply and European stock markets fell on Monday, after the US seizure of an Iranian vessel hit hopes for a peace deal.
Brent crude, the international benchmark for oil prices, rose by as much as 5% on Monday to $95.50 (£70.75) a barrel.
https://www.theguardian.com/business/2026/apr/20/oil-prices-rise-markets-fall-us-iran-ftse-100-gas-strait-of-hormuz">Continue reading...- Brent crude oil prices surge as US-Iran ceasefire nears expiration IOL —
- Oil prices jump and stocks are mixed as the U.S.-Iran standoff keeps the Strait of Hormuz in limbo CTV News —
- Oil Jumps, Stocks Ease As U.S.-Iran Ceasefire Hangs In The Balance Huffington Post —
- Market Talk: Markets 'are looking through to the end of the oil crisis' Reuters —
- Oil price back up as fragile US-Iran peace process in disarray The Independent —