WS #12891
Brent crude falls below $85/barrel and WTI near $80 as Oman proposes joint management of Strait of Hormuz with Iran, and US pauses airstrikes, signaling potential de-escalation.
Oil price decline on Hormuz de-escalation hopes
Brent crude falls below $85/barrel and WTI near $80 as Oman proposes joint management of Strait of Hormuz with Iran, and US pauses airstrikes, signaling potential de-escalation.