Oil & Gas
Oil Prices Slide Over 3% as Iran-Oman Talks Raise Hopes for Strait of Hormuz Reopening
Brent and US crude futures extended losses, dropping more than 3% as diplomatic talks between Iran and Oman fuel optimism that the Strait of Hormuz could reopen to shipping. The potential reopening would ease near-term supply concerns,…
By Lila Merrick