Event Brief
UPDATED May 1, 2026 at 10:04 AM ET
Apr 28, 2026 at 11:06 AM ET
Crude oil hits four-year high as Iran war fears rise
By The BriefBrief
Brent crude jumped to a four-year high after Donald Trump signalled the Strait of Hormuz blockade could last months.
WHO: Donald Trump
WHAT: Brent crude prices rose to the highest level since the start of the Ukraine war amid Iran-war-related threats.
WHEN: Apr 30, 2026 at 5:29 AM ET
WHERE: Strait of Hormuz
WHY: Trump signalled the American blockade could last for months, threatening prolonged conflict.
How this story developed (showing 5 of 5 earlier reports)
How this brief is built: The BriefBrief correlates multiple sources into one evolving event brief, updated as new facts emerge.
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