Oil prices edge higher to $88.7 amid Strait of Hormuz supply concerns
Oil prices were little changed in early Monday trading after tanker movements through the Strait of Hormuz declined over the weekend, raising concerns about potential supply disruptions amid the ongoing conflict between the United States and Iran.
August 17, 2026 (MLN): Oil prices were little changed in early Monday trading after tanker movements through the Strait of Hormuz declined over the weekend, raising concerns about potential supply disruptions amid the ongoing conflict between the United States and Iran. Currently, Brent crude futures is up, 0.22%, at $88.74 per barrel, according to data by Mettis Global. West Texas Intermediate (WTI) crude futures i...