
Oil Prices Slide as US Signals Imminent Hormuz Reopening Deal
Oil fell after US Treasury Secretary Bessent said a deal to reopen the Strait of Hormuz is near, per FT.
Aug 4, 2026 · 2 min read
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Teacher based in Chișinău, Moldova. Dance enthusiast.

Oil fell after US Treasury Secretary Bessent said a deal to reopen the Strait of Hormuz is near, per FT.