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Home > Business News > Oil settles lower on clues about Fed policy, rumors of Hormuz deal

Oil settles lower on clues about Fed policy, rumors of Hormuz deal

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Published: August 29, 2026 16:44:17 IST

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By Erwin Seba HOUSTON, Aug 28 (Reuters) – Oil prices settled lower on Friday, also down for the week as traders evaluated hints about the U.S. Federal Reserve Bank's inflation-fighting policy and

(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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