BBC News – World ·world ·1 hour ago

Oil prices ease as US seeks reopening of the Hormuz Strait

President Donald Trump said Tuesday the US would pause its Strait of Hormuz operation to pursue a deal with Iran, easing tensions that had spiked oil prices above 6% earlier in the week. Brent crude fell 1.4% to $108.40 a barrel as negotiations progress. The strait handles roughly a fifth of global oil and gas shipments.

Summary by Glance · BBC News – World

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