
Brent Crude Falls 5.7% as Hormuz Deal Hopes Pull Diesel Off Peak
International oil benchmark drops to $103.61 per barrel — down from $115 earlier this week — on diplomatic progress in the Strait of Hormuz.
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International oil benchmark drops to $103.61 per barrel — down from $115 earlier this week — on diplomatic progress in the Strait of Hormuz.

International benchmark drops 2.7% despite strait remaining largely shut — diesel and fuel surcharge implications for small fleets.

International oil benchmark climbs to $110.37 per barrel as geopolitical risk tightens supply. What the move means for diesel costs and small-fleet fuel bills.

International oil benchmark gained roughly 11% over five trading days despite Friday slip, keeping diesel costs elevated for small fleets.

Brent crude fell $1.93 overnight — a drop that barely registers against fuel costs running 40% above pre-pandemic norms.

Benchmark crude prices posted sharp single-day gains April 29, pushing Brent above $107 and WTI above $103 — the highest settlement in three weeks.

International benchmark rose 1.8% to $103.76 April 23 — diesel and fuel surcharges track the move.

July Brent rose $2.19 to $103.88 per barrel April 28 — the second straight session above $100 — as the Iran war drags into its second month with no…
July Brent crude rose to $101.38 per barrel Monday — a 2.3% gain tied to stalled Iran negotiations. What the move means for diesel and settlement statements.

June Brent crude bounced between $103 and $107 per barrel Friday morning on Iran ceasefire speculation before closing up 0.3%.

National average fell to $5.40/gallon this week, but Brent crude spiked over $100/barrel as Iran ceasefire uncertainty keeps the Strait of Hormuz in play.