# Brent crude extends decline to $87 as Iran-Oman deal stalls

2026-08-14T03:40:21+00:00 | World & Diplomacy | Indian Opinion Desk

Corroboration: 1 independent outlet

Brent crude fell to around $87 per barrel, extending its decline, NDTV Profit reports. The drop comes as Iran and Oman have not yet reached an agreement to reopen a crucial waterway, despite earlier optimism that a deal was near. Crude oil continues to flow from the Persian Gulf region. Traders are watching for further developments on the waterway access.

## Coverage

- ndtvprofit.com <https://www.ndtvprofit.com/markets/crude-oil-prices-extend-decline-amid-strait-of-hormuz-impasse-brent-oil-around-87-per-barrel-11907767>

Tags: Brent, crude oil, Iran, Oil prices, Oman, waterway
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