International oil prices' gains narrow to 7.4% and 5.9%, Iran's deputy foreign minister says some vessels allowed to pass through Strait of Hormuz

GateNews

2026-03-12 15:53:34

Gate News Report, March 12 — Market data shows that international oil prices have retreated from their gains, with WTI crude oil futures and Brent crude oil futures narrowing their increases to 7.4% and 5.9%, respectively, at $95.06 per barrel and $96.94 per barrel. Previously, Iran’s Deputy Foreign Minister stated that Iran has allowed some ships to pass through the Strait of Hormuz and that Iran has not laid mines in the Strait of Hormuz.

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