Oil prices jump and Wall Street slides with US, Iran clashing in the Strait of Hormuz
- Posted on April 20, 2026
- By Chicago Tribune
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- 1 min read
Oil prices jump and Wall Street slides with US, Iran clashing in the Strait of Hormuz

Oil prices climbed more than 5% and Wall Street veered toward losses before the opening bell Monday as a standoff between Iran and the U.S. prevented tankers from using the Strait of Hormuz.