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WTI holds near three-week low as traders await Hormuz agreement

Trade Hub UK regulation desk (2026-08-05): West Texas Intermediate (WTI) Crude Oil remains under pressure on Wednesday but struggles to attract fresh selling as traders await confirmation that… Primary source: original at FXStreet (fxstreet.com).

By FXStreet

WTI holds near three-week low as traders await Hormuz agreement

West Texas Intermediate (WTI) Crude Oil remains under pressure on Wednesday but struggles to attract fresh selling as traders await confirmation that commercial shipping through the Strait of Hormuz will resume. At the time of writing, WTI trades around $74 per barrel, hovering near three-week lows.

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Source: FXStreet