Oil prices rise further as hopes for Hormuz deal fade
myrepublica.nagariknetwork.com · Tue Aug 11 06:59:24 GMT 2026
HONG KONG, Aug 11: Oil prices extended hefty gains Tuesday as hopes for a reopening of the Strait of Hormuz fade, fanning fresh inflation fears and ramping up bets on at least one US interest rate hike this year.
Read full story at source (myrepublica.nagariknetwork.com)