LONDON, April 11, 2026 (BSS/AFP) - Stock markets were mixed and oil prices steady Friday with investors cautiously optimistic about the US-Iran ceasefire holding, and as a US inflation report was not as bad as feared. But there has been no announcement yet on the arrival of negotiators and both sides have accused the other of failing to properly implement the ceasefire. The main international oil contracts were up around one percent, holding just under $100 a barrel even as only a trickle of tankers have so far transited the Strait of Hormuz, where a fifth of the world's oil passes in normal times. New York shares had rebounded late Thursday on news that Israel and Lebanon had agreed to talks, upping the chances for the ceasefire after five weeks of fighting. But despite this week's rebound, stock markets remain lower and oil prices significantly higher than before the war -- though oil was flat Friday after weeks of gyrations.

Source: Bangladesh Sangbad Sangstha April 11, 2026 03:00 UTC