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Oil prices hit near seven-week highs, before edging lower, as Iran plans to increase control of Hormuz

Oil prices hit near seven-week highs, before edging lower, as Iran plans to increase control of Hormuz
Key Points

The West Texas Intermediate and Brent crude contracts for October and November delivery, respectively, are steady after rising earlier in the session.

The West Texas Intermediate and Brent crude contracts for October and November delivery, respectively, are steady after rising earlier in the session.
Iran (LOCATION) Hormuz (LOCATION) Brent (PERSON)
Originally published by MarketWatch Read original →