Bloomberg Television
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Oil Extends Gain as Hormuz Traffic Grinds to a Halt
Posted
April 23, 2026
Views
7,853
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April 23, 2026
7,853
70
10
1.02%
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3:37Now PlayingOil rose for a fourth day as the US and Iran remained locked in a battle for control of the Strait of Hormuz after failing to meet for a fresh round of peace talks. Traffic through the waterway ground to a halt on Thursday, with just one bulk carrier seen moving through the strait and none seen entering. Bloomberg's Stephen Stapczynski reports.
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