{"id":84877,"date":"2026-04-26T23:39:11","date_gmt":"2026-04-26T23:39:11","guid":{"rendered":"https:\/\/www.europesays.com\/iran\/84877\/"},"modified":"2026-04-26T23:39:11","modified_gmt":"2026-04-26T23:39:11","slug":"oil-prices-increase-after-iran-doubles-down-on-strait-of-hormuz-closure-accuses-us-of-undermining-trust-3","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/iran\/84877\/","title":{"rendered":"Oil prices increase after Iran doubles down on Strait of Hormuz closure, accuses US of undermining trust"},"content":{"rendered":"<p>    <img fetchpriority=\"high\" decoding=\"async\" src=\"https:\/\/www.europesays.com\/iran\/wp-content\/uploads\/2026\/04\/079032441f5e0086c8c04f0ca9c2f834.jpeg\" alt=\"Iranian officials warn that the Strait of Hormuz will not return to its previous state under any circumstances, after effectively closing the crucial waterway to oil trade since the start of the war. - Andrea Bernardi\/AFP\/Getty Images\" loading=\"eager\" height=\"540\" width=\"960\" class=\"yf-lglytj  loaded\"\/> Iranian officials warn that the Strait of Hormuz will not return to its previous state under any circumstances, after effectively closing the crucial waterway to oil trade since the start of the war. &#8211; Andrea Bernardi\/AFP\/Getty Images      <\/p>\n<p class=\"yf-1fy9kyt\">Oil prices rose Sunday after an Iranian official warned that the Strait of Hormuz will <a href=\"https:\/\/www.cnn.com\/2026\/04\/26\/world\/live-news\/iran-war-trump-israel?post-id=cmoflx93o00093d5sy1k7ruf9&amp;cid=external-feeds_iluminar_yahoo\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:\u201cunder no circumstances\u201d;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;\u201cunder no circumstances\u201d&quot;}\" class=\"link \">\u201cunder no circumstances\u201d<\/a> return to its previous state.<\/p>\n<p class=\"yf-1fy9kyt\">Brent crude, the international benchmark, was up about 2.14% to $107.58. US crude was up 2.08% to $96.36.<\/p>\n<p class=\"yf-1fy9kyt\"><a href=\"https:\/\/www.cnn.com\/2026\/04\/26\/world\/live-news\/iran-war-trump-israel?post-id=cmof88fzc00003b6qkjnawg9b&amp;cid=external-feeds_iluminar_yahoo\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Iran\u2019s president Masoud Pezeshkian;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;Iran\u2019s president Masoud Pezeshkian&quot;}\" class=\"link \">Iran\u2019s president Masoud Pezeshkian<\/a> told Pakistani Prime Min ister Shehbaz Sharif that ongoing US actions were undermining trust and complicating paths to dialogue, according to Iran\u2019s state broadcaster. The accusations come a week after Iran accused the United States of \u201cbreaches of trust\u201d and once again closed the Strait of Hormuz.<\/p>\n<p class=\"yf-1fy9kyt\">Pezeshkian also said Tehran would not enter \u201cforced negotiations\u201d with the US and that the American naval blockade at Iranian ports would need to end before reaching an agreement.<\/p>\n<p class=\"yf-1fy9kyt\">Meanwhile, President Donald Trump <a href=\"https:\/\/www.cnn.com\/2026\/04\/25\/world\/live-news\/iran-war-israel-pakistan-talks?t=1777136156969&amp;cid=external-feeds_iluminar_yahoo\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:canceled the US envoy to Islamabad;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;canceled the US envoy to Islamabad&quot;}\" class=\"link \">canceled the US envoy to Islamabad<\/a> at the last minute on Saturday after Iran refused to hold direct talks. Trump partially blamed the cancellation on \u201cinfighting\u201d among Tehran\u2019s leaders.<\/p>\n<p class=\"yf-1fy9kyt\">Peace talks have stalled ahead of the war\u2019s two-month mark, prolonging oil disruptions and stoking higher gas prices around the world.<\/p>\n<p class=\"yf-1fy9kyt\">\u201cWe realized if we place our foot on the throat of the Strait of Hormuz and Bab al-Mandab, 25% of the world\u2019s economy would be affected,\u201d <a href=\"https:\/\/www.cnn.com\/2026\/04\/26\/world\/live-news\/iran-war-trump-israel?post-id=cmoflx93o00093d5sy1k7ruf9&amp;cid=external-feeds_iluminar_yahoo\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:said;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;said&quot;}\" class=\"link \">said<\/a> Iran\u2019s Deputy Parliament Speaker Ali Nikzad, according to Iranian semi-official media on Sunday.<\/p>\n<p class=\"yf-1fy9kyt\">A gallon of gas cost an average of $4.10 on Sunday, according to <a href=\"https:\/\/gasprices.aaa.com\/\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:AAA data;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;AAA data&quot;}\" class=\"link \">AAA data<\/a>. While that\u2019s down from a recent peak, prices are up about 27% since the start of the war.<\/p>\n<p class=\"yf-1fy9kyt\">This story has been updated.<\/p>\n<p class=\"yf-1fy9kyt\">For more CNN news and newsletters create an account at <a href=\"http:\/\/www.cnn.com\/account\/register?source=external-feeds_iluminar&amp;cid=external-feeds_iluminar_yahoo&amp;registration_email_campaign=https:\/\/www.cnn.com\/newsletters\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:CNN.com;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;CNN.com&quot;}\" class=\"link \">CNN.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"Iranian officials warn that the Strait of Hormuz will not return to its previous state under any circumstances,&hellip;\n","protected":false},"author":2,"featured_media":84878,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[28],"tags":[30251,102,12764,34,2748,3620,261,864,16816,30252,101],"class_list":{"0":"post-84877","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-strait-of-hormuz","8":"tag-gas-prices-around-the-world","9":"tag-hormuz","10":"tag-international-benchmark","11":"tag-iran","12":"tag-iranian-officials","13":"tag-masoud-pezeshkian","14":"tag-oil-prices","15":"tag-president-donald-trump","16":"tag-shehbaz-sharif","17":"tag-state-broadcaster","18":"tag-strait-of-hormuz"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@iran\/116473650589116347","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/posts\/84877","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/comments?post=84877"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/posts\/84877\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/media\/84878"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/media?parent=84877"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/categories?post=84877"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/tags?post=84877"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}