Oil Erases Wartime Gains as Hormuz Stockpiles Hit Market (opens original article in a new tab)

Oil prices decline as Hormuz stockpiles reach the market, with experts noting that full Strait of Hormuz capacity isn't required for Gulf oil to return, amid ongoing US-Iran negotiations.

• Oil prices fall as Hormuz stockpiles enter the market
• Goldman economist explains that Strait of Hormuz doesn't need full capacity for Gulf oil to return
• US-Iran negotiations influence long-term crude outlook