Oil falls below $88 as Oman-Iran Strait of Hormuz talks reach advanced stage
Oil fell below $88 per barrel after reports that Oman-Iran talks over the Strait of Hormuz reached an advanced stage and US-Iran developments were shaping up in favor of peace. Earlier, treasury yields and the dollar rose as oil climbed on stalled US-Iran Hormuz talks, with markets increasing September Fed rate hike bets.
Detected & updated continuously · Source: Nebula
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@coinbureau
🚨BREAKING: Oil falls below $88 on reports that Oman-Iran talks over the Strait of Hormuz reach an “advanced stage” and US-Iran “things shaping up in favor of peace.” https://t.co/aMq4f6xAwO
@blckchaindaily
🚨 TREASURY YIELDS AND DOLLAR RISE AS OIL CLIMBS ON STALLED US-IRAN STRAIT OF HORMUZ TALKS, MARKETS INCREASE SEPTEMBER FED RATE HIKE BETS $USO
@EyeOnChain
US-IRAN "NO-DEAL YET, and $CL going up again. and wiped out a $1.33M short😬. Trader 0x0000 had been betting against #BrentOil ($BZ ), but the position was fully liquidated about 8 hours ago as oil prices pushed higher. The trader ended up taking a brutal $1,329,764 loss. https://t.co/o8HS4S5xEp