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News in English (USA) / 11.08.2026 / 19:00

Oil Prices Rise Amid Uncertainty Over U.S.-Iran Relations and Strait of Hormuz Deal

Oil prices continue to experience significant fluctuations, hovering around $90 a barrel as traders assess conflicting signals regarding the potential reopening of the Strait of Hormuz. Fresh demands from Trump regarding compensation from Iran have complicated the negotiations, leading to rising prices and renewed inflation concerns. Despite earlier hopes for a breakthrough in U.S.-Iran talks, the prospects now appear to be fading, with market reactions indicating caution. Global natural gas prices also rebound as discussions stall. Amidst these developments, stock markets show mixed reactions with some indices inching higher.
CNBC, WSJ, The New York Times, Reuters, Bloomberg.com, Euronews.com, The Guardian, Al Jazeera, "Investors Business Daily", qz.com