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Oil prices gave up earlier gains on Friday after reports that Pakistan is trying to broker a return to U.S.-Iran nuclear negotiations. China is strongly backing the effort as the conflict and the closure of the Strait of Hormuz continue to threaten its energy security and weigh on its economy. Brent crude for September delivery fell 4.4% to trade at $96.36 per barrel at 1.35 pm ET while WTI crude for September delivery was down 3.6% to change hands at $88.86/bbl. However, Standard Chartered says the latest pullback may prove temporary as Middle…
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AIPROPX has consolidated 1 report from 1 outlet into a single canonical entry on “Standard Chartered: Oil Markets Must Now Price Two Middle East Chokepoints.” Every covered outlet is based in Other.
The only timestamped report came from OilPrice (Jul 26, 2026, 23:00 UTC).
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AIPROPX — “Standard Chartered: Oil Markets Must Now Price Two Middle East Chokepoints” · https://www.aipropx.com/story/a00ef17cad8144c81298dd9d9e347f59
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