In brief

  • Brent crude moves up nearly 3% to $86.27 after Iran resumes talks on the Strait of Hormuz with Oman

  • Iran and Oman discuss a temporary corridor and agree on clearing and disposing of explosives

  • The U.S. crude oil stockpiles rose by 4.2 million barrels, exceeding analysts' expectations, according to data from API

Read the original story: Oil falls nearly 3% after Iran and Oman resume talks for the Strait of Hormuz trade route again, by Darryn Pollock at th.beincrypto.com