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SEB Research

A pumpjack operates at the Vermilion Energy site in Trigueres, France, June 14, 2024. REUTERS/Benoit Tessier
Apr 20, 2026

Oil prices rise 5% on fears of US-Iran ceasefire collapse

Oil prices surged about 5% amid fears the ceasefire between the United States and Iran could collapse after the U.S. seized an Iranian cargo ship.

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