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Politics

Brent crude surges to over $120 a barrel on Iran war worries, while world stocks are mixed

April 30, 2026
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The price of Brent crude oil briefly surged past 126 a barrel early on Thursday as stalled US-Iran talks raised doubts over the reopening of the Strait of Hormuz and a permanent end to the Iran war.

Canada's National Observer
Canada's National Observer

Coverage and analysis from Canada. All insights are generated by our AI narrative analysis engine.

Canada
Bias: lean left

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