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.

By Dhallo News · September 8, 2026 at 6:40 AM IST

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

Source: Mint - Markets

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.

SOURCE: Mint - Markets

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DHALLO EDITORIAL STATUS: Aggregated & reviewed

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

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