Oil prices dipped on Thursday, with Brent futures slipping 11 cents, or 0.12 percent, to $88.87 a barrel by 06:24 GMT, trimming gains over the prior six sessions. 🔴 LIVE updates ⤵️

Oil prices dipped on Thursday, with Brent futures slipping 11 cents, or 0.12 percent, to $88.87 a barrel by 06:24 GMT, trimming gains over the prior six sessions. 🔴 LIVE updates ⤵️ Link US and Iran exchange opposing claims over Strait of Hormuz control President Trump again insists US has 'total control' of strait, while Tehran resolute that the US must meet its demands.