FT Podcast FT News Briefing
Add to myFT
Get instant alerts for this topic
Manage your delivery channels hereRemove from myFT
Oil hits $108 ahead of Iran’s meeting with Gulf states
Regional countries hope a temporary shipping agreement between Iran and Oman can offer a pathway to reopening the Strait of Hormuz
FT Podcast FT News Briefing
Add to myFT
Get instant alerts for this topic
Manage your delivery channels hereRemove from myFT
Oil hits $108 ahead of Iran’s meeting with Gulf states

Renewed fighting between the US and Iran has ended period of relative calm

Regional states hope temporary shipping agreement between Iran and Oman can offer a pathway to ease hostilities and reopen the…

Follow live updates as crude hovers near $80/barrel amid US-Iran diplomatic hopes, Strait of Hormuz uncertainty, and fresh Houthi…

Iran and Oman are finalizing an agreement governing shipping through the Strait of Hormuz as oil prices fall and tensions between…

Crude has fallen this week as diplomatic efforts gained traction and the threat of renewed military escalation faded

"It seems crude is now beginning to price in a sooner rather than later peace deal."

Oil prices rise as Iran nears Hormuz shipping deal with Oman