Oil prices near $100 as Iranian cargo ship seizure escalates Hormuz stand-off | The National

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Source: The National (UAE)
Published: 2026-04-20 15:30 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Military & Defence, Energy, World News, Business & Economy, War & Conflict
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Snippet:
Oil surged on Monday after the US Navy seized an Iranian-flagged cargo vessel in the Gulf of Oman, the latest escalation in a maritime stand-off that has choked one of the world's most critical energy routes.
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