Oil Prices Spike Amid Ceasefire Hopes And Strait Of Hormuz Bottlenecks
- Posted on April 9, 2026
- By International Business Times
- 10 Views
Oil Prices Spike Amid Ceasefire Hopes And Strait Of Hormuz Bottlenecks
Prices had earlier dipped below $95 following initial optimism about the ceasefire before rebounding as doubts emerged over the durability of the agreement.