At 10.02 am on Friday, October Brent oil futures were at $83.91 (+1.72%), and September WTI crude oil futures were at $78.44 (+1.49%) Iran will seek to bar US and Israeli ships from the Strait of Hormuz and require compensation from hostile countries before they’re allowed to sail through it, according to local media reports on a proposed Iran-Oman deal. Key points and original sources are listed below.

• At 10.02 am on Friday, October Brent oil futures were at $83.91 (+1.72%), and September WTI crude oil futures were at $78.44 (+1.49%)S1

• Iran will seek to bar US and Israeli ships from the Strait of Hormuz and require compensation from hostile countries before they’re allowed to sail through it, according to local media reports on a proposed Iran-Oman deal. Bloomberg's Abeer Abu Omar has the la...S2