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Oil Falls on Focus on U.S.-Iran Talks to Reopen Strait of Hormuz; WTI at $93.32
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- Sep 25, 2026, 3:01 PM UTC
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International oil prices fell as markets focused on negotiations between the U.S. and Iran to reopen the Strait of Hormuz. According to Walter Bloombe
Oil prices declined on Friday as markets assessed reports that the United States and Iran were discussing a phased arrangement that could involve reopening the Strait of Hormuz. At 04:02 ET, November Brent crude futures were down 0.
- Saudi export recovery and diplomatic signals ease pressure on prices, while Hormuz uncertainty limits declines - Anadolu Agency