Oil Prices Rise Amid Stalled US-Iran Peace Talks and Iranian Attacks in Strait of Hormuz

Oil prices rose as stalled peace negotiations between the US and Iran continued, with both sides using blockades of the Strait of Hormuz to gain leverage. Iranian gunboats attacked two vessels in the strategic waterway, further disrupting global energy markets. Brent futures settled above $101 a barrel, the highest in two weeks.

By Mia Gindis, Grant Smith and Charles Gorrivan Wed, April 22, 2026 at 10:51 PM GMT+3 4 min read · Yahoo Finance · April 22, 2026, 19:51 UTC

Topics: energy markets geopolitical tensions Iran-US conflict oil prices Strait of Hormuz

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