Oil falls below $100 a barrel on reports Iran ‘makes strait of Hormuz offer’; UK government borrowing paints ‘dismal pic

Oil falls below $100 a barrel on reports Iran ‘makes strait of Hormuz offer’; UK government borrowing paints ‘dismal pic

Photograph: Andy Rain/EPA View image in fullscreen The City of London. This follows a report on the Kyodo news service that Iran has offered to reopen the Strait of Hormuz within seven days if the United States takes initial steps toward easing military pressure.

Source: The Guardian

Indexed: Tue, 22 Sep 2026 11:36:10 UTC

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