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Oil prices rise and markets fall after US seizure of ship hits Iran peace deal hopes
UK NewsBusiness•April 20, 2026 at 6:21 PMNational

Oil prices rise and markets fall after US seizure of ship hits Iran peace deal hopes

By Lauren Almeida•The Guardian - UK News

FTSE 100 slides and UK gas prices up amid fears strait of Hormuz will be closed for extended periodOil prices rose sharply and European stock markets fell on Monday after the US seizure of an Iranian vessel dented hopes for a peace deal.Brent crude, the international benchmark for oil prices, rose by 5% to about $95 a barrel. Continue reading...

FTSE 100 slides and UK gas prices up amid fears strait of Hormuz will be closed for extended period

Oil prices rose sharply and European stock markets fell on Monday after the US seizure of an Iranian vessel dented hopes for a peace deal.

Brent crude, the international benchmark for oil prices, rose by 5% to about $95 a barrel.

Continue reading...

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