Published: Apr 23, 2026, 10:45 IST | Updated: Apr 23, 2026, 10:45 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.