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strikeAug 28, 2026

Oil Prices On August 28: Brent Crude Slips Below $88 As Hormuz Uncertainty, Russia Risks Weigh

Summary

Oil prices slipped on Friday as traders balanced fresh uncertainty over the Strait of Hormuz against escalating risks to Russian energy infrastructure. WTI crude was down 0.29% at $83.29 a barrel, while Brent crude fell 0.19% to $88.35 in early trade on August 28.

Source: Yukta Baid — Read the full report

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  • Yukta BaidBy Yukta Baid

    Oil prices slipped on Friday as traders balanced fresh uncertainty over the Strait of Hormuz against escalating risks to Russian energy infrastructure. WTI crude was down 0.29% at $83.29 a barrel, while Brent crude fell 0.19% to $88.35 in early trade on August 28. Brent had rebou…

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