Oil Keeps Rising As Strait Of Hormuz Remains Closed; Brent Crude Tops $116
- Posted on April 29, 2026
- By International Business Times
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- 1 min read
Oil Keeps Rising As Strait Of Hormuz Remains Closed; Brent Crude Tops $116
Oil kept rising on Wednesday as the Strait of Hormuz remains closed, preventing the passage of almost a quarter of the world's energy while hostilities between the U.S. and Iran continue.
