Home Business News Oil continues climb with doubts about potential US-Iran deal; stocks retreat

Oil continues climb with doubts about potential US-Iran deal; stocks retreat

Oil continues climb with doubts about potential US-Iran deal; stocks retreat

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Published: August 12, 2026 00:37:10 IST

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By Chris Prentice and Amanda Cooper NEW YORK/LONDON, Aug 11 (Reuters) – Oil prices gained and global shares retreated on Tuesday as traders assessed talks over reopening the Strait of Hormuz.

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

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