Crude oil prices near $100 again as Strait of Hormuz remains constrained

IANS | April 22, 2026 10:53 AM

Mumbai, April 22 (IANS) Global crude oil prices edged higher to nearly $100 a barrel on Wednesday as traders and investors analysed the outlook for US-Iran peace talks following US President Donald Trump’s announcement to extend a fragile ceasefire, even as the Strait of Hormuz remained constrained.