Oil prices rise amid new U.S. threat, few signs of breaking stalemate with Iran

Odix

Apr 30, 2026 - 15:00

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Oil prices rise amid new U.S. threat, few signs of breaking stalemate with Iran

An Asian person covers their face in front of computer terminals, with a board behind him showing market numbers.

The price of Brent crude oil briefly surged past $126 US a barrel early Thursday as stalled U.S.-Iran talks raised doubts over the reopening of the Strait of Hormuz and a permanent end to the Iran war.

Odix

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