Extending the gains from yesterday, crude oil has soared on Tuesday to reach triple digits earlier amid the ongoing U.S.-Iran stalemate. However, crude oil gave back ground later following reports of Iran readying a revised peace plan but managed to remain sharply higher.
WTI Crude Oil for June month delivery was last seen trading up by $3.44 (or 3.57%) at $99.81 per 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.