Iran Says Some Ships Allowed Through Strait, International Oil Prices Give Up Gains

Odaily News International oil prices gave up gains, with WTI and Brent crude oil gains now narrowing to 7.6% and 6%, respectively, trading at $95.26 per barrel and $96.9 per barrel. On the news front, Iran's Deputy Foreign Minister stated that some ships were previously allowed to pass through the (Strait of Hormuz). (Jin10)