Oil prices fall after Bessent says US and Iran could reach Strait of Hormuz deal today

Published:

Oil prices fall after Bessent says US and Iran could reach Strait of Hormuz deal today
Photo: Julia Demaree Nikhinson /AP/TT

"There is a possibility that we will reach an agreement today or tomorrow to open the strait and take steps towards a more normalised situation in this conflict," Bessent told the channel.

The finance minister said the agreement would mean free passage through the Strait of Hormuz when asked whether Iran would be allowed to charge a fee for ship traffic.

At 2:15 p.m. Swedish time, a barrel of North Sea oil costs $81, compared with $85 in the morning.

Loading related articles...

Tags

Author

TT News AgencyT
By TT News AgencyEnglish edition by Sweden Herald, adapted for our readers

Keep reading

Loading related posts...