Economy & Finance
★ Editor's Pick
Aug 08, 2026
Brent Crude Climbs 1.3% as Iran Reviews Hormuz Vessel Ban Bill: Oil Markets React
Brent crude settled at $83.55 a barrel, gaining 1.3%, as Iran reviewed a bill to ban US and Israeli vessels from the Strait of Hormuz. Uncertainty over the Iran-Oman agreement continues to drive oil market volatility.