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diplomacyAug 18, 2026

Crude prices cross $90 as ceasefire hopes dim, Hormuz disruption weighs on supply

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Crude prices cross $90 as ceasefire hopes dim, Hormuz disruption weighs on supply

Source: currentsapi-backfill — Read the full report

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  • currentsapi-backfill(Mixed)By TOI Business Desk

    Oil prices inched higher on Tuesday, with Brent crude surging past the $90-a-barrel mark as hopes of an early end to the Middle East war remained uncertain. Iran signalled a shift towards a more offensive military approach, while US ruled out extending the ceasefire, adding to co…

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