news

Qatar and Iran hold Hormuz de-escalation talks as oil slips

By CityCalc Newsroom · Fri Aug 28 2026 · Source: AGBI

Oil prices edged lower on Friday morning after Qatar and Iran discussed ways to de-escalate the regional conflict and restart Washington-Tehran peace talks. Brent crude futures fell 0.4 percent to $89.39, while US West Texas Intermediate slipped 0.4 percent to $83.20.

Oil prices edged lower on Friday morning after Qatar and Iran discussed ways to de-escalate the regional conflict and restart Washington-Tehran peace talks. Brent crude futures fell 0.4 percent to $89.39, while US West Texas Intermediate slipped 0.4 percent to $83.20.

Curated by CityCalc from AGBI. Read the full article at the source.

Related articles

Continue exploring