London, April 9, 2026 (AFP) - Oil prices jump back toward $100 on Mideast ceasefire doubts

NAMPA / AFP

2026-04-09

Oil prices jumped and most stock markets fell Thursday as investors weighed the prospects of a shaky Middle East ceasefire and a re-opening of the Strait of Hormuz, crucial to restoring oil and gas shipments. Traders were also locking in profits from Wednesday's relief rally as the first-quarter earnings season gets underway, which should show the war's impact on company results worldwide. Equity markets across the globe had soared and crude oil......

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