US and Iran Ceasefire Deadline Nears, Tensions Rise, International Oil Prices Soar
US President Trump indicated he is unlikely to extend the two-week ceasefire with Iran, vowing to keep the Strait of Hormuz blocked until a deal is struck. This statement caused international oil prices to surge over 5%.
📋 Article Processing Timeline
- 📰 Published: April 21, 2026 at 06:28
- 🔍 Collected: April 21, 2026 at 07:02 (33 min after Published)
- 🤖 AI Analyzed: April 21, 2026 at 07:03 (1 min after Collected)
CENTRAL NEWS AGENCY
(CNA New York, April 20, comprehensive foreign news) US President Donald Trump earlier claimed that he was unlikely to extend the two-week ceasefire with Iran and said that the Strait of Hormuz would remain blocked until an agreement was reached, causing international oil prices to rise by more than 5% today.
West Texas Intermediate crude oil for May delivery rose $5.76, or 6.87%, to $89.61 a barrel.
London's North Sea Brent crude for June delivery rose $5.10, or 5.64%, to $95.48 a barrel. (Compiled by Chen Yanjun) 1150421
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(CNA New York, April 20, comprehensive foreign news) US President Donald Trump earlier claimed that he was unlikely to extend the two-week ceasefire with Iran and said that the Strait of Hormuz would remain blocked until an agreement was reached, causing international oil prices to rise by more than 5% today.
West Texas Intermediate crude oil for May delivery rose $5.76, or 6.87%, to $89.61 a barrel.
London's North Sea Brent crude for June delivery rose $5.10, or 5.64%, to $95.48 a barrel. (Compiled by Chen Yanjun) 1150421
Choose to stand with the facts. Your sponsorship is the power to protect press freedom.
Download the CNA 'First News' APP for real-time updates.
Text, images, and audio on this website may not be reproduced, broadcast, transmitted, or utilized without authorization.