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Oil slips as stocks rise amid Iran peace hopes

Oil fell and most stocks rose as hopes continued for a deal to end the US-Iran war and reopen the Strait of Hormuz, while Tehran said it had not yet decided on attending peace talks.

Published Apr 20, 2026, 10:58 PM EDT | WFMZZ

Oil prices fell while most stocks rose on lingering hopes for a deal to end the US-Iran war and reopen the Strait of Hormuz. Tehran said it had not decided whether it would attend the proposed peace talks.