Home Business News Oil prices settle lower on hopes for smoother shipping in Strait of Hormuz

Oil prices settle lower on hopes for smoother shipping in Strait of Hormuz

Oil prices settle lower on hopes for smoother shipping in Strait of Hormuz

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Published: July 12, 2026 09:34:09 IST

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By Erwin Seba HOUSTON, July 10 (Reuters) – Oil prices settled lower on Friday after the latest round of U.S.-Iran fighting as traders grew hopeful that shipping would eventually resume in the Strait

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

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