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Oil Wrap: USO up 2.77% on Hormuz Supply Risk

Rio Times

BusinessRio Times·Aug 21, 2026·1 min read

Oil Wrap: USO up 2.77% on Hormuz Supply Risk

WTI-tracking USO closed at US$134.54, up 2.77%, as Middle East chokepoint risk outweighed regional news on Brazil pre-salt, Guyana's Stabroek, and YPF. The post Oil Wrap: USO up 2.77% on Hormuz Supply Risk appeared first on The Rio Times .

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