Wednesday, 26 August 2026 · World
USD/EUR 0.8569 USD/GBP 0.7331 USD/JPY 159.2 USD/CNY 6.737 All rates →
RSS
EUROS The World Financial Report
Nº 46 Wednesday, 26 August 2026 · World Edition
LATEST
Emerging Markets

Crude oil sheds nearly $9 as Iran, Oman work to reopen Strait of Hormuz

Nairametrics · 1h ago · 🇳🇬 Nigeria
Crude oil sheds nearly $9 as Iran, Oman work to reopen Strait of Hormuz

The price of Brent crude has fallen by nearly $9 per barrel in the past seven days, representing a decline of about 9.6%, as renewed efforts by Iran and Oman to restore navigation through the Strait of Hormuz ease fears of prolonged disruption to global oil supplies. The post Crude oil sheds nearly $9 as Iran, Oman work to reopen Strait of Hormuz appeared first on Nairametrics .

Read the full story at Nairametrics →