wti crude oil price

Oil prices turned lower on Thursday shortly after Brent crude notched a four-year high on a report that the U.S. military would brief President Donald Trump on potential action against Iran. Axios reported that the U.S. Central Command was set to present Trump plans for a possible military action against Iran, citing two sources with knowledge of the matter. Trump had earlier reportedly rejected Tehran's proposal to reopen the Strait of Hormuz, signaling the naval blockade will remain in place until a broader nuclear agreement is reached. International benchmark Brent crude futures rose to a w