EconomyOil Drops Below $100 as Markets Focus on Hormuz Flows and Diplomacy

Name: Oil Drops Below $100 as Markets Focus on Hormuz Flows and Diplomacy
Uploaded: 2026-09-21T18:44:02.000Z
Description: Oil fell below $100 a barrel as strong flows through the Strait of Hormuz and diplomacy surrounding the U.S.-Iran war cooled the recent rally. Brent dropped as much as 4.2%, while West Texas Intermediate futures fell more than 5% to trade near $95.

Oil fell below $100 a barrel as strong flows through the Strait of Hormuz and diplomacy surrounding the U.S.-Iran war cooled the recent rally. Brent dropped as much as 4.2%, while West Texas Intermediate futures fell more than 5% to trade near $95.

Bloomberg Television 2026-09-21 18:44