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Oil prices tumble after Bessent says Strait of Hormuz deal may come this week

Treasury Secretary Scott Bessent said a deal to reopen the Strait of Hormuz would allow freedom of navigation.

Oil prices tumble after Bessent says Strait of Hormuz deal may come this week

Published August 4, 2026 · Category: Finance

Overview

Treasury Secretary Scott Bessent said a deal to reopen the Strait of Hormuz would allow freedom of navigation.

Source

Originally published at www.cnbc.com.

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