U.S. crude oil tops $100 on report Trump dissatisfied with Iran’s proposal to open Hormuz

Published Mon, Apr 27 20269:05 PM EDTUpdated 2 Hours

• President Donald Trump is dissatisfied with Iran’s proposal to open the Strait of Hormuz, according to The New York Times.
• The strait remains effectively closed to tanker traffic, cutting of Gulf oil exports to the world.

https://www.cnbc.com/2026/04/28/oil-prices-us-iran-hormuz-negotiations-wti-brent-crude.html