The record
Written from the 1 report below. Nothing here is unsourced.
- Brent crude oil prices held steady near $84 per barrel after falling almost 5% in the previous session, while West Texas Intermediate hovered around $81.
- Traders are closely watching developments around potential Iran talks and the reopening of the Strait of Hormuz.
- These factors matter because they can affect global oil supply and prices.
What to watch next
- Progress or breakdown in potential Iran talks
- Status of the reopening of the Strait of Hormuz
- Whether Brent crude extends or reverses its recent nearly 5% decline
Coverage1
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Named United States · Iran · Strait of Hormuz · Trump
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