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Stocks swing as oil edges up amid stalled Iran war talks

Asian markets waver and oil prices swing as efforts to end the Iran war stall, with the Strait of Hormuz no nearer to being reopened.

Published Apr 28, 2026, 10:35 PM EDT | WFMZZ

Asian stocks fluctuated Wednesday while oil prices swung. Talks to end the Iran war appeared to be at a standstill, and the crucial Strait of Hormuz was no nearer to being reopened.