Oil prices jump and Wall Street slides with US, Iran clashing in the Strait of Hormuz

Apr 21, 2026 - 05:00
Oil prices jump and Wall Street slides with US, Iran clashing in the Strait of Hormuz
Oil prices climbed more than 5% and Wall Street veered toward losses before the open as a standoff between Iran and the U.S. prevented tankers from using the Strait of Hormuz