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  • April 28th, 2026

Oil prices up 2% as no end to Iran war stand-off seems in sight

Oil prices rose nearly 2% on Tuesday, extending gains from the previous session, as efforts to ‌end the U.S.-Iran war appear stalled, with the crucial Strait of Hormuz waterway still mainly shut, keeping energy supplies from the key Middle East producing region out of the reach of global buyers.

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