Oil prices swing wildly but finish higher as Hormuz risks keep traders on edge

Published on 25 April 2026

Strait of Hormuz disruption fears still outweigh peace talks

Oil prices saw sharp swings before ending the week higher, even after early gains faded. Traders are tracking possible U.S. and Iran peace talks that could reduce supply worries, but disruptions in the Strait of Hormuz are sustaining fears of renewed escalation. That uncertainty is keeping crude prices supported into the next trading stretch.

Crude oil ended the week higher after high intraday volatility
Peace talks between the U.S. and Iran are in focus for supply relief
Strait of Hormuz disruptions continue to stoke escalation fears
Geopolitical risk remains a key driver of weekly price direction

#strt of hormuz #geopolitics #commodity markets #oil prices #u s iran

Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic Times

Oil prices swing wildly but finish higher as Hormuz risks keep traders on edge

The full experience is on mobile.