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Politics

Crude rebounds after Iran-US standoff halts tanker movement

April 21, 2026
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Posted 4 hours ago by

NEW YORK CITY, NEW YORK: Oil prices rose sharply in early trading on April 19 after renewed tensions between the United States and Iran disrupted tanker traffic through the Strait of Hormuz, a critical artery for global energy supplies. U.S. crude climbed 6.4 percent to US87.90 per barrel shortly after trading resumed on the Chicago Mercantile Exchange, while Brent crude, the international benchmark, rose 5.8 p

Iran Herald
Iran Herald

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

Iran
Bias: center

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