Oil Prices On August 28: Brent Crude Slips Below $88 As Hormuz Uncertainty, Russia Risks Weigh
Oil prices slipped on Friday as traders balanced fresh uncertainty over the Strait of Hormuz against escalating risks to Russian energy infrastructure. WTI crude was down 0.29% at $83.29 a barrel, while Brent crude fell 0.19% to $88.35 in early trade on August 28. Brent had rebounded in the previous session, but the broader weekly…