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LATEST

Naira trades at N1,838/£1 against British pound as traders await US inflation data●Nifty 50 stuck below 25,000: Is the IPO boom this year a reason behind the poor show of the Indian stock market?●TCS revs up M&As with Porsche deal, but fails to wow●Accel-KKR-backed Basware agrees to acquire Trustpair●Caputo to Unveil Economic Measures as Argentina Faces Arrears Crisis●Brazil Overtakes Mexico as Latin America’s Top FDI Destination in 2026●Oil Slides as Iran-Oman Talks Fuel Hopes of Strait of Hormuz Reopening●Chile GDP Flat in Second Quarter, Joint-Weakest in the OECD●Naira trades at N1,838/£1 against British pound as traders await US inflation data●Nifty 50 stuck below 25,000: Is the IPO boom this year a reason behind the poor show of the Indian stock market?●TCS revs up M&As with Porsche deal, but fails to wow●Accel-KKR-backed Basware agrees to acquire Trustpair●Caputo to Unveil Economic Measures as Argentina Faces Arrears Crisis●Brazil Overtakes Mexico as Latin America’s Top FDI Destination in 2026●Oil Slides as Iran-Oman Talks Fuel Hopes of Strait of Hormuz Reopening●Chile GDP Flat in Second Quarter, Joint-Weakest in the OECD●

Commodities

Oil Prices Fall as Iran-Oman Talks Fuel Hopes of Strait Reopening

Oilprice.com · 1h ago

Oil Prices Fall as Iran-Oman Talks Fuel Hopes of Strait Reopening

Crude oil prices dipped earlier today following news reports about Iran and Oman renewing their talks about joint management of the Strait of Hormuz, as those reports were taken to mean the waterway could soon reopen for normal traffic. Reuters reported that the two were discussing “a joint temporary navigational corridor” and clearing the strait of mines. As a result, Brent crude was trading at $86.69 per barrel at the time of writing, with West Texas Intermediate at $80.61 per barrel at the time of writing. Traders appear to have…

Read the full story at Oilprice.com →

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