West Asia LIVE: Oil prices slip as Iran-Oman talks fuel hopes for U.S.-Iran peace deal
DiplomacyWhat to know
- Iran said on Wednesday (August 5, 2026) it is in the “final stage” of drafting an agreement with Oman over the Strait of HormuzS1
- US-Iran war: Brent crude futures slipped 37 cents, or 0.5%, to $79.08 a barrel, while US West Texas Intermediate (WTI) crude futures fell 53 cents, or 0.7%, to $74.69 a barrelS2
Timeline · newest first
2mos
Thehindu
West Asia LIVE: Oil prices slip as Iran-Oman talks fuel hopes for U.S.-Iran peace deal
Iran said on Wednesday (August 5, 2026) it is in the “final stage” of drafting an agreement with Oman over the Strait of Hormuz
2mos
Livemint
Crude oil falls as Iran-Oman talks raise hopes of US-Iran peace deal; Brent slips to $79 per barrel
US-Iran war: Brent crude futures slipped 37 cents, or 0.5%, to $79.08 a barrel, while US West Texas Intermediate (WTI) crude futures fell 53 cents, or 0.7%, to $74.69 a barrel
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Published Aug 6, 2026
What to know
- Iran said on Wednesday (August 5, 2026) it is in the “final stage” of drafting an agreement with Oman over the Strait of HormuzS1
- US-Iran war: Brent crude futures slipped 37 cents, or 0.5%, to $79.08 a barrel, while US West Texas Intermediate (WTI) crude futures fell 53 cents, or 0.7%, to $74.69 a barrelS2
Timeline · newest first
2mos
Thehindu
West Asia LIVE: Oil prices slip as Iran-Oman talks fuel hopes for U.S.-Iran peace deal
Sources · 2 citations
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