Oil's Wild Moves
Edited By WION Video Desk
Published: Apr 29, 2026, 11:15 IST | Updated: Apr 29, 2026, 11:15 IST
Oil remained above 110 dollars per barrel on Wednesday as the Trump administration mulled a response to Iran’s latest proposal.
The two-month-long conflict remains in a stalemate with energy and other supplies through the critical strait of Hormuz at a standstill.
That has LED to fuel rationing across much of Asia and Africa and fears of a global economic slowdown.
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