Weekend Watch: Hormuz Recovery Remains Uneven

August 29, 2026

News summary: With no new Saturday settlement, this archive note carries forward Reuters’ Friday close of $89.31/bbl for Brent and $83.40/bbl for WTI, alongside reports that Hormuz flows were recovering only unevenly.

Market context: The practical weekend watch remained verified vessel movements, any formal navigation agreement, insurer guidance and the validity of Monday cargo offers.