Oil prices rise despite Iran’s proposal to reopen Strait of Hormuz
Fast facts
- Category: Business
- Language: EN
- Published: 2026-04-28 05:04 UTC
- Sources: Al Jazeera, MarketWatch
Brent crude rises more than 1 percent despite Iran's offer to reopen the waterway in exchange for deferral of nuclear talks. Al Jazeera reports that oil companies are profiting from the conflict.
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