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Story summary
- Oil prices topped $100 for Brent and $90 for WTI on April 23 after President Donald Trump extended the Iran cease-fire.
- Tensions rose in the Strait of Hormuz as Iran’s Revolutionary Guard seized two cargo ships on April 23.
- The U.S. Navy blocked a second tanker carrying Iranian oil the same day.
- U.S. gasoline hit $4.03 and diesel $5.47 a gallon, up 35 % and 45 % since the war began.
