Both WTI and Brent crude oil prices fell sharply in the short term, with WTI crude dropping nearly $5 to $108.93 per barrel. Reports indicate that Iran is drafting a passage agreement for the Strait of Hormuz with Oman.
2026-04-02
Both WTI and Brent crude oil prices fell sharply in the short term, with WTI crude dropping nearly $5 to $108.93 per barrel. Reports indicate that Iran is drafting a passage agreement for the Strait of Hormuz with Oman.