Brent slips below $100 on Hormuz diplomacy hopes
Brent is down 1.2% to $99.11/bbl and WTI is down 2.7% to $93.20/bbl after Kyodo News reported Iran proposed to reopen the Strait of Hormuz.
-Iran war. S. 20 a barrel after Japan's Kyodo News reported that Iran had proposed reopening the Strait of Horm…