Oil prices fell as Iran-Oman talks raised hopes of a Strait of Hormuz reopening. Brent and WTI crude dropped as supply fears eased.

TOKYO, Aug 26 : U.S. oil prices fell in early trade on Wednesday, extending the previous session's losses, on hopes the Strait of Hormuz could reopen after Iran said it had…

TOKYO, Aug 26 : Oil prices dropped about 2 per cent on Wednesday, adding to the previous session's losses, on fresh hopes the Strait of Hormuz could reopen after Iran said it had…