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

Brent crude drops 4% as US Treasury secretary says Washington and Tehran could reach agreement on Tuesday or Wednesday

Aug 4, 2026 - 22:00
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Oil falls after Bessent says deal to reopen Strait of Hormuz is imminent
Brent crude drops 4% as US Treasury secretary says Washington and Tehran could reach agreement on Tuesday or Wednesday

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