Analysis: Finance & Crypto — 11 August 2026
Oil Climbs as U.S.-Iran Hormuz Hopes Fade Crude prices advanced as prospects for a swift U.S.-Iran agreement to fully reopen the Strait of Hormuz dimmed. Brent traded near $88 and WTI around $82 after Iran restated conditions for reopening and President Trump countered by demanding compensation for damages. Tanker traffic continues with some vessels disabling … Read more