Oil prices sell off sharply as war-risk concerns shift on Hormuz and Moscow developments
Oil prices sold off sharply on August 25, 2026, with Brent falling below $89 and Murban sliding more than 8% to just above $92, as traders cited shifting war-risk concerns including Iran-Oman moves on the Strait of Hormuz and the CIA director's Moscow visit. US oil prices also extended losses toward $82/barrel following Trump's announcement that the Strait of Hormuz was open.
Detected & updated continuously · Source: Nebula
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@TU_Crypto_News
Brent fell below $89 and Murban slid more than 8% to just above $92 in a sharp oil selloff. Traders cited no confirmed trigger, but pointed to Iran-Oman moves on the Strait of Hormuz and the CIA director’s Moscow visit as war-risk concerns shifted.
@Btcexpertindia
President Trump says the US Navy has cleared all mines in international waters in the Strait of Hormuz. US oil prices extend losses toward $82/barrel. US says naval blockade is being effectively enforced and the Strait of Hormuz is open. https://t.co/OLaWESUZrT
@KobeissiLetter
BREAKING: President Trump says the US Navy has cleared all mines in international waters in the Strait of Hormuz. US oil prices extend losses toward $82/barrel. https://t.co/mVBD5APCGr