London, April 23, 2026 (AFP) - Oil prices jump, stocks retreat as US-Iran peace talks stall

NAMPA / AFP

2026-04-23

Oil prices and the dollar jumped Thursday while most equity markets slid as the United States and Iran appeared no closer to resuming peace talks. Amid an extended but seemingly fragile ceasefire, Iran vowed it would not reopen the Strait of Hormuz, through which one-fifth of global oil is shipped, as long as the United States blocks its ports. Stocks are down "as risk aversion builds off the back of yet another damaging phase of this crisis", sa......

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