Oil falls after Bessent says deal to reopen Strait of Hormuz is imminent
- Posted on August 4, 2026
- By Financial Times
- 0 Views
- 1 min read
In brief
Generating AI summary…
Oil falls after Bessent says deal to reopen Strait of Hormuz is imminent
Brent crude drops 4% as US Treasury secretary says Washington and Tehran could reach agreement on Tuesday or Wednesday
