Agreement reached to reopen the Strait of Hormuz, Brent crude oil prices fall by 4%
2026-08-04 22:31:44
According to CoinMeta, as reported by the Financial Times, the price of Brent crude oil has fallen by 4% due to the impending agreement to reopen the Strait of Hormuz. Negotiators from Iran and Oman have reached an agreement on temporary transportation arrangements for using this waterway.
Source:Financial Times
This content is for market information only and does not constitute investment advice.
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