Oil Near $100: Crude Prices Surge As Markets Brace For Supply Shock
Edited By WION Video Desk
Published: Apr 23, 2026, 19:45 IST | Updated: Apr 23, 2026, 19:45 IST
Oil prices stayed above $100 a barrel for the second straight day as the Hormuz deadlock weighed on sentiment despite an extension to the truce. Traffic through Hormuz is at a near standstill after the waterway’s brief and confused reopening, driving wild swings in crude markets.
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