Oil Prices Settle Lower Amid Hopes for Resumed Shipping in Strait of Hormuz

Oil prices ended lower on Friday as traders anticipated smoother shipping through the Strait of Hormuz following reduced tensions between U.S. and Iran, despite weekly gains due to earlier volatility.

By By Erwin Seba Fri, July 10, 2026 at 10:31 PM GMT+3 3 min read · Yahoo Finance ·

Oil Prices Settle Lower Amid Hopes for Resumed Shipping in Strait of Hormuz

Topics: oil prices Strait of Hormuz U.S.-Iran tensions

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