The conflict between the US and Iran escalated, causing oil prices to surge over 8% at one point, with the Strait of Hormuz blocked again.

汇通财经2026/04/19 23:31

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After the US Navy seized an Iranian vessel, Iran opened fire on the ship and re-blocked the Strait of Hormuz, causing a significant surge in oil and natural gas prices. US crude oil once rose by 8.4% to $89.60 per barrel, while European natural gas prices jumped as much as 11%.
Iran stated that the US interception of its ship violated the ceasefire agreement set to expire on Tuesday. The standoff in the Strait of Hormuz could intensify the global energy crisis and undermine Trump’s prediction that the conflict would end quickly.

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The conflict between the US and Iran escalated, causing oil prices to surge over 8% at one point, with the Strait of Hormuz blocked again.

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