Crude oil prices surge over 8% after US-Iran truce talks fail. Where are prices headed next? by Live mint | April 13, 2026 10:21 am | Indian Stocks, Market, News Crude oil prices on MCX surged 7.4% on Monday, April 13, after the US military announced it was preparing to blockade ships entering or leaving the Strait of Hormuz. Can oil prices rise more?
