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  • 3 days ago
U.S. oil climbed back above $82 a barrel as doubts grew over whether a deal to stabilize traffic through the Strait of Hormuz will actually hold.
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00:00U.S. oil climbed back above $82 a barrel as doubts grew over whether a deal to stabilize
00:06traffic through the Strait of Hormuz will actually hold. The renewed uncertainty is
00:10putting the geopolitical risk premium back into crude prices after hopes for an agreement had
00:16helped push oil lower. With Hormuz remaining a critical artery for global energy shipments,
00:21any prolonged disruption could quickly reverberate through fuel and inflation markets.
00:26For now, traders are watching the negotiations as closely as the oil rigs.
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