W&T Offshore is trading 5.7% lower at $3.64 as crude prices fell on reports of potential U.S.-Iran diplomacy to reopen the Strait of Hormuz.
- November WTI futures dropped 2.03% to $92.69, while Brent declined 1.61% to $104.88.
- No September 25, 2026 company-specific announcement or fresh earnings catalyst was identified.
- Broader indexes were modestly higher, but commodity pressure dominated.