Times of India · DistrictNews · 2026-08-20
Oil price today: Crude remains above $90 as Hormuz operations remain disrupted
Oil prices have settled at elevated levels, staying above ninety dollars per barrel. Investors are weighing the unpredictable US-Iran situation and the potential impacts on shipping routes through the Strait of Hormuz. While intermittent Middle East assaults bolster market sentiment, the absence of further escalations keeps a lid on price surges. Additionally, the UAE's suspension of financial transactions with Iran has raised regional tensions. Oil prices remained close to recent highs, above the $90 per barrel mark in early trade on Thursday as investors assessed uncertainty surrounding the US-Iran war and the shipping status through the Strait of Hormuz. Oil
Read original on Times of India Get the app
Licensed summary · LicensedSummary
Related briefs
- 97 Cases Recalled From Judge Who Handed 22 Death Sentences In 4 Months
- Vande Mataram Row: Congress Sticks to 1937 Resolution, BJP Chief Nitin Nabin Calls It ‘New Muslim League’
- Delhi Confidential: Nitin Nabin’s Andhra cuisine sparks row, BJP calls out ‘fake narrative’
- When And Why Did Sunita Ahuja File For Divorce From Govinda? Key Details Amid Cheating Allegations
- 5.9-magnitude earthquake strikes Flores region in Indonesia