Brent fell to US$89.31 and West Texas to US$83.40 per barrel as of 28 Aug 2026, after Goldman Sachs said Gulf oil exports have recovered to about two-thirds of pre-war levels. Hormuz transit is near 10 million barrels a day per Vortexa. Prices are still high and the Middle East conflict is ongoing, so keep fuel and transport costs in your budget rather than cutting them. Watch Thai pump prices for any follow-through; this is a single-week move, not a trend yet.