Oil prices slide as Hormuz shipping resumes and Middle East tensions ease, with WTI, Brent and Murban crude extending their post-war slump below recent peaks.

Oil prices saw an uptick as renewed US-Iran tensions in the Middle East disrupted shipping through the Strait of Hormuz. Despite reports of a potential de-escalation and renewed…

Oil markets send mixed signals with Brent rising, WTI easing and Murban outperforming as US-Iran talks and Strait of Hormuz traffic stay in focus.