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Oil Prices Hit $100 With Hormuz Closed Despite Ceasefire, But S&P 500 Diverges

Crude oil prices briefly topped $100 a barrel as Iran kept the Strait of Hormuz closed amid a fragil...

BUSINESS NEWS April 09, 2026

Oil Prices Hit $100 With Hormuz Closed Despite Ceasefire, But S&P 500 Diverges

Crude oil prices briefly topped $100 a barrel as Iran kept the Strait of Hormuz closed amid a fragile ceasefire. But the S&P 500 turned up.

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Crude oil prices briefly topped $100 a barrel as Iran kept the Strait of Hormuz closed amid a fragile ceasefire. But the S&P 500 turned up.

Author: Investor's Business Daily

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