Iran War: US Seizes Iranian Ship, Casting Doubt on Peace Talks | The Opening Trade 04/20/2026

Oil jumped, pushing US stocks and Treasuries lower after a turbulent weekend in the Middle East cast doubt on the prospects for peace talks ahead of a looming ceasefire deadline. Brent rose above $95 a barrel as the US Navy carried out its first seizure of an Iranian vessel in the Strait of Hormuz. Iran had earlier abruptly halted traffic through the waterway less than 24 hours after saying ships could pass. The Opening Trade has everything you need to know as markets open across Europe. With...