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Brent Crude Tops $105 As Strait Of Hormuz Remains Closed, Negotiations At a Standstill

Posted on April 23, 2026
By International Business Times
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Brent Crude Tops $105 As Strait Of Hormuz Remains Closed, Negotiations At a Standstill

The price of Brent crude oil continued to rise on Thursday as the Strait of Hormuz remains closed and negotiations between the U.S. and Iran is still deadlocked.