11 August 2026 at 6:14 am
Summary
Oil prices surged by 5% as Iran and the US exchanged compensation demands, dimming hopes for reopening the Strait of Hormuz. Further supply concerns arose from Ukrainian strikes on Russian refineries, a Saudi Aramco refinery restart delay, and US Strategic Petroleum Reserve stocks hitting a 40-year low.
Oil Prices Near One-Week High as Strait of Hormuz Reopening Remains Uncertain Amid US-Iran Stalemate
11 Aug 2026, 8:12 am · Geopolitics
Oil price jumps over 1% as traders await Hormuz reopening amid Houthi attacks
10 Aug 2026, 8:13 am · Geopolitics
Oil Slips, Heads for Weekly Loss as Hormuz Deal Uncertainty Persists
7 Aug 2026, 7:06 pm · Uncategorized
Oil Prices Climb to $86.04 Per Barrel on August 7, 2026, Driven by Market Dynamics
7 Aug 2026, 3:55 pm · Economics
Oil Holds Losses After Iran, Oman Reach Agreement on Hormuz Shipping Route
6 Aug 2026, 8:12 am · International Relations
Oil erases decline as traders weigh fresh Houthi threat to shipping
5 Aug 2026, 10:02 pm · Geopolitics
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