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Iran Conflict Holds Crude Near $100, Trump Extends Ceasefire

4/23/2026

45 9 Full Breakdown

Summary

Story summary

Iran's conflict kept crude near $100 per barrel on 22 April 2026.
Brent traded $98–$99 while U.S. WTI hovered $89–$90.
U.S. President Donald Trump extended the ceasefire, paused attacks and kept blockade.
Analysts reported that only three vessels crossed Strait of Hormuz in the prior 24 hours, that over 12 million barrels per day were removed, and that MCX crude sat near INR8,401 with resistance at INR8,530 and support at INR8,200.

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Story summary

Iran's conflict kept crude near $100 per barrel on 22 April 2026.
Brent traded $98–$99 while U.S. WTI hovered $89–$90.
U.S. President Donald Trump extended the ceasefire, paused attacks and kept blockade.
Analysts reported that only three vessels crossed Strait of Hormuz in the prior 24 hours, that over 12 million barrels per day were removed, and that MCX crude sat near INR8,401 with resistance at INR8,530 and support at INR8,200.