Oil Falls as Hormuz Talks Lift Supply Hopes; Dollar Gains, Treasury Yields Ease Ahead of Warsh
Oil prices fell more than $1 on Thursday, extending a multi-day decline as expectations of renewed diplomacy between Iran and Qatar raised hopes that the Strait of Hormuz could reopen more fully and ease disruptions to global energy supplies. Brent crude futures fell $1.36, or 1.55%, to $86.48 a barrel by 0800 GMT, putting the […]
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