Wall Street hit new highs while oil prices retreated sharply on hopes of a US-Iran peace deal on Friday. Those hopes are now fading. Follow the day's events and insights from our business reporters on the ABC News live…
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Wall Street hit new highs while oil prices retreated sharply on hopes of a US-Iran peace deal on Friday. Those hopes are now fading. Follow the day's events and insights from our business reporters on the ABC News live markets blog.
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Crude oil prices surged Sunday, as the U.S. and Iran teetered on the brink of a renewed war after attacks on commercial ships in the Strait of Hormuz. Grouped from 11 articles across 6 sources.
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Brent crude falls over 9 percent after Iran said it will reopen waterway, only to shut it again over US blockade. Grouped from 6 articles across 4 sources.
The Strait of Hormuz remained effectively closed despite Iran's declaration Friday that it is open, maritime freight and oil analysts told CNBC.
ANTALYA, April 18 - British Foreign Secretary Yvette Cooper said on Saturday the Strait of Hormuz had yet to return to normal operations despite a ceasefire in the Iran war, urging Tehran to allow global shipping to…
Tehran is threatening to keep the Strait of Hormuz shut unless Washington lifts the ‘US siege’ on Iranian ports.