Oil prices jump by over 7%
Apr 20, 2026
Singapore, April 20: US crude oil jumped more than 7% after closure of Strait of Hormuz.
Brent crude futures, the global oil benchmark, rose 7.26% or US$ 6.56 to $94.94 per barrel in early Monday morning trading. West Texas Intermediate futures surged 7.24% to US$ 89.92
Source: Emirates News Agency
