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Oil prices today: Crude heads for weeklylosses as Hormuz flows remain choppy

Oil prices remained largely steady on Friday. Both Brent and WTI benchmarks were set for sharp weekly declines. Stalled US-Iran diplomatic talks and uneven Hormuz crude flows influenced traders. India's MCX crude futures also traded lower on Friday. Market sentiment shifted as ec

This story summarizes reporting from Times of India. Read the original for full context. Wire items stay in our news sitemap for seven days. Editorial policy.

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YASHASVI VASISTHA28 Aug 2026, 11:28 amUpdated 1d ago1 min readIndiaIndia
Oil prices today: Crude heads for weekly losses as Hormuz flows remain choppy

IndiaYASHASVI VASISTHA

Oil prices remained largely steady on Friday. Both Brent and WTI benchmarks were set for sharp weekly declines. Stalled US-Iran diplomatic talks and uneven Hormuz crude flows influenced traders. India's MCX crude futures also traded lower on Friday. Market sentiment shifted as economic sanctions replaced military pressure.

This report is published with credit to Times of India. The wire sent a summary; open the original for any extra context. Read on Times of India

Source: Times of India · YASHASVI VASISTHA. Published 28 Aug 2026, 11:28 am.

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