Oil falls below $100 a barrel on reports Iran ‘makes strait of Hormuz offer’; UK government borrowing paints ‘dismal picture’ – business live - The Guardian

Oil Prices Dip Below $100 a Barrel on Iran's Strait of Hormuz Offer

Oil prices fell below $100 a barrel following reports that Iran has made an offer regarding the Strait of Hormuz. The UK government borrowing data paints a "dismal picture" as per the latest business news.

• The Guardian reports on these developments in their business live section.