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Oil prices fall amid Fed-policy clues and reported Hormuz deal rumors

United StatesIranOman
First seen: Aug 28, 2026, 5:17 PM UTCUpdated: Aug 28, 2026, 9:17 PM UTC

Oil prices have declined amid indications about Federal Reserve policy and rumors of a deal concerning the Strait of Hormuz. The supplied headline does not establish a confirmed agreement or disruption.

Oil-market movements and uncertainty around Hormuz can affect global energy prices and supply expectations.

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