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Oil Prices Drop for Third Straight Day as Iran-Oman Talks Raise Hopes for Hormuz Reopening

By Trader Edge at 2026-09-17 06:07

Sentiment: Positive

TLDR Brent crude fell 2.5% to $86.38 and WTI dropped 2.2% to $80.53 a barrel Iran and Oman discussed a temporary framework to reopen the Strait of Hormuz Both countries agreed to work together to clear the strait of mines Oil prices are down over 6% this week on diplomatic optimism Russia-Ukraine tensions add further [...] The post Oil Prices Drop for Third Straight Day as Iran-Oman Talks Raise Hopes for Hormuz Reopening appeared first on CoinCentral. Continue reading...

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