Oil slides on clues about Fed policy, rumors of Hormuz deal — Live Feedhttps://www.live-feeds.com/feed/oil-slides-on-clues-about-fed-policy-rumors-of-hormuz-dealContinuously updated, source-cited coverage. Oil prices fall on Fed policy clues and Hormuz deal rumorshttps://www.live-feeds.com/feed/oil-slides-on-clues-about-fed-policy-rumors-of-hormuz-dealhttps://www.live-feeds.com/feed/oil-slides-on-clues-about-fed-policy-rumors-of-hormuz-deal#u51838Sat, 29 Aug 2026 14:01:01 +0000Oil prices have declined due to hints about US Federal Reserve policy and potential deals to reopen the Strait of Hormuz, a critical oil shipping route. Iran and Oman are discussing a temporary plan to reopen the strait, with Tehran insisting that the US must lift its blockade first. The US White House has not commented on the plan.Why it mattersThe Strait of Hormuz is a vital waterway for global oil supplies, with around 20% of the world's crude oil passing through it. Any disruptions to the strait can significantly impact oil prices. The US has had a blockade on Iran since 2018, when it