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Oil prices increase after Iran doubles down on Strait of Hormuz closure, accuses US of undermining trust

Oil prices rose Sunday after an Iranian official warned that the Strait of Hormuz will “under no cir...

BUSINESS NEWS April 26, 2026

Oil prices increase after Iran doubles down on Strait of Hormuz closure, accuses US of undermining trust

Oil prices rose Sunday after an Iranian official warned that the Strait of Hormuz will “under no circumstances” return to its previous state.

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Oil prices rose Sunday after an Iranian official warned that the Strait of Hormuz will “under no circumstances” return to its previous state.

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