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Crude oil slid toward $80 per barrel for a third straight session after reports Iran and Oman discussed a temporary joint maritime corridor in the Strait of Hormuz, with additional diplomacy involving Pakistan and Qatar.
Brent crude slipped to around $87 per barrel on Wednesday, extending third-session losses amid reports Iran and Oman discussed a temporary Strait of Hormuz maritime corridor and related diplomacy.
Crude oil eased to around $81 per barrel on Wednesday, extending a third consecutive session of losses amid Strait of Hormuz corridor talks involving Iran and Oman.
Qatari PM and Oman Sultan discuss mediation efforts in Iran war, according to Omani State TV