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WTI Futures Surge 4% Amid Rising U.S.-Iran Tensions

4/22/2026

33 5 Full Breakdown

Summary

Story summary

WTI futures rose over 4% to $88 on April 20, 2026, as U.S.–Iran tensions escalated.
The U.S. Navy seized an Iranian ship.
The U.S. Navy fired on another vessel in the Gulf of Oman.
U.S. President Donald Trump warned of more action if negotiations fail, as Iran reinstated Strait of Hormuz controls.
Stock futures fell, with the Dow expected to open more than 200 points lower, amid Pakistan negotiations.

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Story summary

WTI futures rose over 4% to $88 on April 20, 2026, as U.S.–Iran tensions escalated.
The U.S. Navy seized an Iranian ship.
The U.S. Navy fired on another vessel in the Gulf of Oman.
U.S. President Donald Trump warned of more action if negotiations fail, as Iran reinstated Strait of Hormuz controls.
Stock futures fell, with the Dow expected to open more than 200 points lower, amid Pakistan negotiations.