Markets Await US-Iran Ceasefire Talks, International Oil Prices Rise
On April 28, international oil prices rose, reaching their highest level since just before the US-Iran ceasefire agreement. Traders are keenly observing the US response to Iran's proposed plan to end the war, which may involve discussions on reopening the Strait of Hormuz, driving up WTI and Brent crude prices significantly.
📋 Article Processing Timeline
- 📰 Published: April 29, 2026 at 05:38
- 🔍 Collected: April 29, 2026 at 06:01 (23 min after Published)
- 🤖 AI Analyzed: April 29, 2026 at 06:04 (2 min after Collected)
(Central News Agency, New York, April 28, comprehensive foreign report) Oil prices rose to their highest level since just before the US-Iran ceasefire agreement, as traders await the US response to Iran's proposed plan to end the war, which may involve discussions on reopening the Strait of Hormuz.
West Texas Intermediate crude for June delivery on the New York Mercantile Exchange rose $3.56, or 3.7%, to close at $99.93 per barrel.
Brent crude for June delivery in London rose $3.03, or 2.8%, to close at $111.26 per barrel. (Compiler: Chen Yuting) 1150429
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West Texas Intermediate crude for June delivery on the New York Mercantile Exchange rose $3.56, or 3.7%, to close at $99.93 per barrel.
Brent crude for June delivery in London rose $3.03, or 2.8%, to close at $111.26 per barrel. (Compiler: Chen Yuting) 1150429
Choose to stand with facts, every sponsorship you make is the power to protect press freedom.
Download the Central News Agency "First-Hand News" APP to stay updated with the latest news.
The text, images, and audio/video on this website may not be reproduced, publicly broadcasted, publicly transmitted, or utilized without authorization.