GLOBEALERT
BUSINESS● ELEVATEDAug 18 · Aug 18, 2026, 2:45 AM

Crude prices cross $90 as ceasefire hopes dim , Hormuz disruption weighs on supply

timesofindia.indiatimes.com · India

Crude oil prices have risen above $90 per barrel due to diminishing hopes for a ceasefire and concerns over supply disruption in the Hormuz Strait. This indicates significant market and geopolitical pressures affecting global energy prices.

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