Oil Back Up, Powell Exits and Trump Says the Iran Blockade Could Last Months 

Headline news for April 30, 2026: Oil closes at its highest level since 2022 as President Trump says the Iran blockade could last months with no nuclear deal in sight. Jerome Powell ends eight years as Fed chair with four dissents and a defiant pledge to stay on, handing a divided central bank to successor Kevin Warsh. 

Synopsis: A round up of global headlines to start your day by The Business Times. 

Written by: Claressa Monteiro (claremb@sph.com.sg (mailto:claremb@sph.com.sg) ) 

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