Categories: Business News

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

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…

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

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.)

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

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