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  3. Strait of Hormuz traffic drops sharply while oil prices gain

AGBI

Strait of Hormuz traffic drops sharply while oil prices gain

Oil prices held on to gains early on Monday as the stalemate over the Strait of Hormuz continued, while US President Donald Trump urged Americans to brace for higher fuel prices. Brent crude futures rose 1 percent to $89.40 per barrel and were last trading at $88.94 by 03:44 GMT. US West Texas Intermediate crude […]

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By Pramod Kumar

17 August 2026|1 min read|AGBI
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Industry Events

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