Categories: Business News

Oil rises nearly 2% as Iran tempers hopes of Hormuz reopening

By Stephanie Kelly LONDON, Aug 10 (Reuters) – Oil prices jumped almost 2% on Monday after Iran insisted that the United States must satisfy several demands before the…

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Published: August 10, 2026 18:12:10 IST

By Stephanie Kelly LONDON, Aug 10 (Reuters) – Oil prices jumped almost 2% on Monday after Iran insisted that the United States must satisfy several demands before the Strait of Hormuz can reopen. 

(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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Published: August 10, 2026 18:12:10 IST

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