World

Oil falls as Qatar, Oman near deal to reopen Strait of Hormuz

Brent crude fell 1.55% to $86.48 a barrel on Thursday, marking four consecutive sessions of losses. Qatar's prime minister is heading to Tehran to restart diplomatic discussions as the regional conflict nears its sixth month. At the same time, Iran and Oman are finalising an agreement to share control of the crucial shipping channel.

1 hour ago

Get the app

More briefs

GeneralDevon tungsten mine reopens with £71m government investment WorldPoland wants Meta fined €250M for 112 unremoved scam ads GeneralBritain's top stock index falls 0.5% despite a jump in tech shares SportsPirelli's Malaysia tyre choice: A nine-year track, a strategic gamble GeneralCare leavers self-harm to avoid losing £20k-a-week support GeneralLondon police start using 20 new 50mph e-bikes to chase phone thieves Browse all stories →