OIL FUTURES PARE LOSSES; BRENT BACK UP OVER $100 A BARREL, US CRUDE TURNS POSITIVE AFTER WSJ REPORT SAYS IRAN REJECTS U.S. DEAL ON STRAIT OF HORMUZ AS UNREALISTIC

2026-05-08

OIL FUTURES PARE LOSSES; BRENT BACK UP OVER $100 A BARREL, US CRUDE TURNS POSITIVE AFTER WSJ REPORT SAYS IRAN REJECTS U.S. DEAL ON STRAIT OF HORMUZ AS UNREALISTIC