Oil Drops as Hormuz Reopening Prospects Ease Supply Concerns

MarineLink · 2026-09-22

Oil prices fell to a two-week low on Tuesday as prospects for Gulf supplies improved, with Iran signaling it could reopen the Strait of Hormuz within seven days and Saudi Arabia set to resume exports from its Red Sea port of Yanbu.The Brent crude futures LCOc1 November contract was down $2.11…

Source: MarineLink — read the full report

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