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<title>Oil prices slide as Iran opts for &#x26;#x27;porous&#x26;#x27; Strait of Hormuz</title>
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<description>Oil prices fell back near $95 a barrel in U.S. futures markets Monday as Iran&#x26;#x27;s Straight of Hormuz strategy became clearer, with the hard-line regime allowing passage of ships bound for Pakistan, India and China. The pullback in oil prices is allowing the S&#x26;#x26;P 500 to rally on Monday morning even as the U.S. struggles to find partners for an effort to guarantee safe passage through the key shipping route.</description>
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<pubDate>Tue, 17 Mar 2026 15:37:25 GMT</pubDate>
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