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Oil holds near $100 as traders await Iran-Oman deal on Strait of Hormuz shipping

Mint Markets · Finance · 2026-09-08

Oil holds near $100 as traders await Iran-Oman deal on Strait of Hormuz shipping

Oil held gains near $100 a barrel as traders watched for details of an Iranian deal with Oman to manage shipping through the Strait of Hormuz, while strong Chinese buying tightened the market. Oil holds near $100 as traders await Iran-Oman deal on Strait of Hormuz shipping.

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