Oil prices fall over 4%

APITALS, 25th May, 2026 (WAM) -- Oil prices fell amid growing concerns that continued restrictions on oil shipping through the Strait of Hormuz will harm global economic growth.

Brent crude futures fell $4.71, or 4.55%, to $98.83 a barrel by 2234 GMT, while US West Texas ‌Intermediate was at $92.03 a ⁠barrel, down $4.57, or 4.73%.