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Oil Extends Rally as Hormuz Stays Shut With Blockade to Continue

Bloomberg Markets · Apr 29, 2026, 10:11 PM · Also reported by 3 other sources

Oil pushed higher for a fourth session, with no signs of progress toward a resolution to the Iran war that’s roiled global markets following the near-closure of the crucial Strait of Hormuz.

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France 24 Strait of Hormuz blockade: 'Who will blink first' ? Al Jazeera Tracking the shadow fleet: How Iran evaded the US naval blockade in Hormuz Al Jazeera Pakistan opens up road trade routes into Iran amid Hormuz blockade

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Oil Extends Rally as Hormuz Stays Shut With Blockade to Continue

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