Watch Oil Prices Rise Above $110 as US Weighs Iran Proposal to End War - Bloomberg

Apr 28th, 2026

Oil Rises Above $110 as US Weighs Iran Proposal

Oil rose to a three-week high above $110 a barrel in London as traders awaited the US response to a proposal from Tehran to end the war and reopen the crucial Strait of Hormuz. Bloomberg's Anthony di Paola reports.

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