EconomyOil Rises as Hormuz Risks Persist

Name: Oil Rises as Hormuz Risks Persist
Uploaded: 2026-09-04T06:47:32.000Z
Description: Oil is heading for its biggest weekly gain since July and nearing $96 a barrel as risks around the Strait of Hormuz keep prices elevated. The yen surges ahead of the BOJ’s rate decision, while the dollar weakens. U.S. stocks and bonds rally as markets reassess monetary policy after Christopher Waller signals openness to holding rates if inflation improves.

Oil is heading for its biggest weekly gain since July and nearing $96 a barrel as risks around the Strait of Hormuz keep prices elevated. The yen surges ahead of the BOJ’s rate decision, while the dollar weakens. U.S. stocks and bonds rally as markets reassess monetary policy after Christopher Waller signals openness to holding rates if inflation improves.

Bloomberg Television 2026-09-04 06:47