Brent fell to about $92.17/bbl (down $2.22) and WTI to about $85.01/bbl (down $2.05) on 24 Aug 2026, as markets judged the new US sanctions on Iran to be largely as expected. Tensions remain: fewer than 20 commodity vessels transited the Strait of Hormuz over the weekend, which normally carries about 20% of world oil supply. For Thai SMEs, fuel and transport costs are unlikely to fall much yet. Keep diesel and freight budgets on the cautious side and avoid assuming a sustained price drop.