U.S.-Iran war evolves into naval standoff over Strait of Hormuz after both countries seize ships

Brent oil has risen above $100 per barrel again as tanker traffic through the strait remains at a near standsill.

Source CNBC AI Summary Updated April 23, 2026

Story intelligence Beta

Freshness Stale Updated April 23, 2026

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AI Summary

Brent oil has risen above $100 per barrel again as tanker traffic through the strait remains at a near standsill.

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