Oil Prices Hang Loose as Tensions Ease but Risks Remain

Brent crude oil is hanging out at $85 a barrel as the market's fear factor takes a little snooze. With Iran and Oman chatting about a shipping route, investors are feeling a bit more relaxed. But wait! The Strait of Hormuz is still a tricky spot, and the U.S. is sharpening its sanctions. Prices may be low, but the tension is still bubbling just beneath the surface!