Energy
Iran and Oman Near Landmark Deal to Manage Strait of Hormuz
Iran and Oman are close to agreeing on joint management of the Strait of Hormuz, media have reported, citing a statement by Iran’s foreig…
AI Summary
Iran and Oman are close to agreeing on joint management of the Strait of Hormuz, media have reported, citing a statement by Iran’s foreign ministry spokesman, Esmaeil Baghaei. Crude oil prices have been trending lower, in the meantime, with Brent crude dipping below $80 per barrel and trading at $79.12 per barrel at the time of writing. West Texas Intermedi…
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