Home / BusinessBusinessBloombergBusinessBloomberg·Aug 4, 2026·1 min readLatest Oil Market News and Analysis for Aug. 5Oil held a two-day drop on optimism a deal can be reached that would reopen the Strait of Hormuz.View original source — Bloomberg ↗ShareCopy linkShare on XShare on FacebookRelated storiesBusinessRio TimesBusinessAug 4, 2026 · 1 minSouth Africa to Set Up $500 Million Mega-Project VehicleRio TimesBusinessRio TimesBusinessAug 4, 2026 · 1 minMozambique Approves New Customs and Tax Procedure Codes for 2026Rio TimesBusinessRio TimesBusinessAug 4, 2026 · 1 minNigeria Orders All Government MDAs to Appoint Data Protection OfficersRio TimesBusinessRio TimesBusinessAug 4, 2026 · 1 minSix Confirmed Dead After Namayingo Gold Mine Collapse Retrieval EndsRio Times
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