Oil price jumps with US-Iran ceasefire ‘on tenterhooks’ – business live

Oil price jumps with US-Iran ceasefire ‘on tenterhooks’ – business live - short news


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Tehran has ‘no plans to participate’ in new talks, state media reports, as it accuses US of violating ceasefire

It was a chaotic weekend in the strait of Hormuz, as shipping restrictions were first lifted and then reimposed.

According to Reuters, more than a dozen tankers, including three sanctioned vessels, passed through the ‌Strait of Hormuz after a 50-day blockade was lifted on Friday.

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source: The Guardian - 20.04.2026

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