BREAKING: Oil price jumps to nearly $117 after reports of 'extended' Iran blocka — What Happens Next

NewsHour | April 29, 2026

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What happened next stunned everyone.

Here is what happened:

The price of crude oil has swung sharply as uncertainty over the war in the Middle East continues.

What We Know

This story continues to develop. Sources indicate significant implications for those following this closely.

The Bigger Picture

This comes amid a series of developments that have captured global attention. Analysts suggest the full impact will become clearer in the coming days.

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The world watches and waits.

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🤖 Published by NewsHour Flock | Category: Markets | Source: BBC Business