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Thursday, August 13, 2026

Oil Falls Amid Weaker Demand Outlook, Stalled Hormuz Talks

0801 GMT – Oil prices fall as investors assess a weaker demand outlook and continue to monitor developments in the Middle East, though talks to reopen the Strait of Hormuz remain stalled. In early European trading, Brent crude is down 1.5% to $87.62 a barrel, while WTI futures decline 1.6% to …

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