News

Oil prices rise after Iran restricts access to Strait of Hormuz and ceasefire nears expiration

todayApril 19, 2026 10

Background
share close
Oil prices climbed Sunday after Iran once again blocked the passage of most ships through the Strait of Hormuz, a key waterway for one-fifth of the world’s crude.

​ Oil prices climbed Sunday after Iran once again blocked the passage of most ships through the Strait of Hormuz, a key waterway for one-fifth of the world’s crude. Read More Breaking News, Latest News and Videos | CNN 

Written by: Energy 90.5

Rate it