Oil drops nearly 3% as Iran, Oman discuss Hormuz shipping corridor
Brent crude fell nearly 3% to $85.95 a barrel on Wednesday, its third straight daily drop, after Iran and Oman…
Brent Crude News
Latest Brent crude oil news — price movements, global supply factors, geopolitical risks and energy market analysis.
Brent Crude Oil
live price
100.983
-1.42%
Oil falls as Saudi Aramco reroutes supply around the Strait of Hormuz
Brent crude fell for a third straight session as Saudi Aramco steered more September cargoes around the Strait of Hormuz…
Oil Slides Further as U.S.-Iran Tensions Ease and Hormuz Deal Advances
Oil prices extended losses on Wednesday as easing fears of Gulf military conflict and progress toward an Iran-Oman deal on…
ECB’s Schnabel says more tightening needed as euro yields slip on crude slide
European Central Bank board member Isabel Schnabel said further interest-rate tightening will be necessary because inflation is unlikely to return…
European Gas Slumps 3% as Iran Ceasefire Hopes Ease Hormuz Supply Fears
European natural gas benchmarks dropped 3% on Wednesday after reports of a possible U.S.-Iran ceasefire and talks over Strait of…
