Oil prices fell after talks between Iran and Oman on reopening the Strait of
Hormuz eased supply-risk and inflation concerns. LSEG data show markets now
price 23bps of cumulative Bank of England hikes by end-2026, down 2bps from
Tuesday.
2026-08-26
Oil prices fell after talks between Iran and Oman on reopening the Strait of
Hormuz eased supply-risk and inflation concerns. LSEG data show markets now
price 23bps of cumulative Bank of England hikes by end-2026, down 2bps from
Tuesday.