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The Nexus
BUSINESSAug 4 · 12:28 UTCFINANCIAL TIMES WORLD

Oil falls after Bessent says deal to reopen Strait of Hormuz is imminent

Oil prices fell as US Treasury secretary Bessent indicated an imminent deal to reopen the Strait of Hormuz. Brent crude dropped 4% following the announcement.

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BessentpersonStrait of HormuzplaceBrent crudetopicUS TreasuryorganizationTehranplaceWashingtonplace
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Oil falls after Bessent says deal to reopen Strait of Hormuz is imminent · The Nexus