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Both WTI and Brent crude oil prices fell by more than $1 in the short term, currently trading at $77.53 per barrel and $82.05 per barrel respectively. This followed U.S. Treasury Secretary Bessant's statement that an agreement with Iran to open the S

2026-08-04

Both WTI and Brent crude oil prices fell by more than $1 in the short term, currently trading at $77.53 per barrel and $82.05 per barrel respectively. This followed U.S. Treasury Secretary Bessant's statement that an agreement with Iran to open the Strait of Hormuz could be reached as early as tomorrow.

Other News
2026-08-04

Bank of Korea meeting minutes: In addition to the recent interest rate hike, further action may be needed.

Bank of Korea meeting minutes: In addition to the recent interest rate hike, further action may be needed.
2026-08-04

US Treasury Secretary Bessenter: (Regarding whether there will be further market intervention) We are maintaining close contact with Japan.

US Treasury Secretary Bessenter: (Regarding whether there will be further market intervention) We are maintaining close contact with Japan.
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