Brent tops $88 as US, Iran near possible deal
Brent crude oil prices surge above $88 amid hopes of a US-Iran deal to ease the Strait of Hormuz crisis. Learn how this impacts global oil supplies.
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The Briefing Africa
August 12, 2026 · 01:15 · 5 min read
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Brent crude oil prices surge above $88 amid hopes of a US-Iran deal to ease the Strait of Hormuz crisis. Learn how this impacts global oil supplies.
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