Home Business News Oil rises 3% as Iran tempers hopes of Hormuz reopening

Oil rises 3% as Iran tempers hopes of Hormuz reopening

Oil rises 3% as Iran tempers hopes of Hormuz reopening

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Published: August 10, 2026 20:45:10 IST

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By Arathy Somasekhar HOUSTON, Aug 10 (Reuters) – Oil prices jumped 3% on Monday after Iran said the U.S. must lift sanctions on Tehran, pay reparations and meet a number of other conditions before the

(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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