Thursday, November 5, 2026
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World

Oman and Iran discuss Hormuz shipping as oil prices rebound

CBS reports continuing shipping risks and talks over traffic through the Strait of Hormuz.

BrieflyTold Desk · · 1 min brief

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The brief

  • ■Oman says talks with Iran over shipping traffic are continuing
  • ■CBS reports attacks on commercial ships and Iranian reports of sea mines
  • ■Brent rose 2.2% to $96.70 in the cited Thursday update

Why it matters

Disruption along a major oil route can affect energy markets and the costs faced by American consumers.

Oman said Thursday that it remained in talks with Iran about a system to jointly control traffic through the Strait of Hormuz, CBS News reported. Commercial shipping continued to face risks in the region.

CBS reported Brent crude at $96.70, up 2.2%, recovering part of the previous day’s decline. This is a snapshot from the live report, not a closing price or a prediction of where US gasoline prices will go.

Sources

  • CBS News / Associated Press — November 5, 2026 live updates
Read the original reporting ↗

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