[MARKET UPDATE] Oil futures pare some of their gains with Brent crude back below the USD 100/bbl and with WTI returning beneath USD 94/bbl after reports that Iran gave permission for Indian oil tankers to pass through the Strait of Hormuz
12 Mar 2026 - 05:15- ForexMarket Update- Source: Newsquawk
Subscribe Now to Newsquawk
Click here for a 1 week free trial
Newsquawk provides audio news and commentary for over 15,000professional traders and brokers worldwide. Services include:
- Real-time audio coverage from 0630 to 2200 London time plus Asia-Pac 2200 to 1000 London time
- Teams of analysts covering equities, fixed income, FX, energy, and metals markets
- Real-time scrolling news service with instant analysis
- Daily and weekly pre-market research and calendars
- Video updates covering near-term key risk events & primary trading themes
- One-to-one chat with our expert analysts