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Global oil prices climb back above $95 a barrel after Iran closes Strait of Hormuz again and says ‘no plans’ for new peace talks

April 20, 2026
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Global oil prices climb back above $95 a barrel after Iran closes Strait of Hormuz again and says ‘no plans’ for new peace talks




Oil futures were rising again after uncertainty was thrown over when shipping may return to normal levels through the Strait of Hormuz and whether peace talks between the U.S. and Iran are even taking place on Monday.

Editorial Team

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Global oil prices climb back above $95 a barrel after Iran closes Strait of Hormuz again and says ‘no plans’ for new peace talks

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April 20, 2026
0

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