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

https://mins.news/en/video/67836

- Bloomberg Television, 2026-09-21 18:44 UTC
- Economy
- Original: https://www.youtube.com/watch?v=n1k7qXzlaIs

> 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.

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- [Oil falls below $100 as hopes grow for a US-Iran breakthrough](https://mins.news/en/video/70361) — Reuters, 2026-09-23
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