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14 Aug 2026 · 04:00 GMT+3

WTI remains below $80.50 as traders monitor diplomatic efforts to reopen Hormuz

West Texas Intermediate (WTI) oil price remains subdued for the third successive day, trading around $80.30 per barrel during the Asian hours on Friday. Crude oil prices edge lower as investors adopt a wait-and-see approach, closely monitoring diplomatic attempts to reopen the Strait of Hormuz.

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