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Oil price today: Brent crude jumps over 1% as traders await Hormuz reopening

Times of India

BusinessTimes of India·Aug 10, 2026·1 min read

Oil price today: Brent crude jumps over 1% as traders await Hormuz reopening

On Monday, oil prices surged amid ongoing uncertainty surrounding the reopening of the Hormuz Strait. While Iran and Oman are closing in on an agreement for a shipping lane, Iran's demands for concessions from the U.S. linger. Adding to…

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