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Oil prices fall on unconfirmed report of a US-Iran ceasefire and Hormuz reopening

Oil prices reportedly fell by $2 after an unconfirmed report suggested a US-Iran ceasefire and reopening of the Strait of Hormuz.

By DoomRadar · Published on DoomRadar .

Why it matters

Developments involving the Strait of Hormuz can rapidly affect global energy supplies and prices.

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  1. Oil slides $2 on unconfirmed report of US Iran ceasefire, Hormuz reopening ↗investinglive.com · Recorded source date: Aug 25, 2026, 9:02 PM UTC

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