Texas crude oil falls 3.37%, boosted by a possible deal to reopen the Strait of Hormuz
Americas1 source1 country🔦 Under-reported44m ago
On Tuesday, the price of Texas intermediate oil (WTI) fell by 3.37% to $77.63 per barrel following an announcement from the United States regarding a potential agreement to open the Strait of Ormuz, expected as early as Tuesday or Wednesday.
Simultaneously, Qatar expressed regret that a formal agreement regarding the strategic waterway has not yet been finalized. Qatari Foreign Ministry spokesman Majed al Ansari stated on Tuesday in Cairo that it remains impossible to predict precisely when the United States and Iran will reach a final accord, urging that a resolution be achieved as soon as possible.
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Infobae (Buenos Aires, Argentina) (AR)Focuses on diplomatic uncertainty and Qatar's call for a swift agreement.