Ol prices pushed higher on Tuesday as U.S.-Iran peace talks stalled and the Strait of Hormuz remained effectively closed, threatening energy supply.
Brent prices rose nearly 3 percent to consolidate above $111 a barrel amid stalled efforts to end the U.S.-Iran war. WTI crude futures were up 3.2 percent at $99.49 a barrel.
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Market Analysis
April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.