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Oil price today: Crude steadies below $80 as Hormuz blockade keeps investors on edge

Times of India

BusinessTimes of India·Aug 5, 2026·1 min read

Oil price today: Crude steadies below $80 as Hormuz blockade keeps investors on edge

Oil prices nudged higher on Wednesday after a series of declines, as investors keep a keen eye on the diplomatic maneuvers surrounding the US-Iran standoff. Progress is reportedly being made by negotiators striving to bring an end to the…

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