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Oil prices hold near one-week high as Strait of Hormuz reopening remains in limbo

Times of India

BusinessTimes of India·Aug 11, 2026·1 min read

Oil prices hold near one-week high as Strait of Hormuz reopening remains in limbo

Oil prices are hovering near recent highs as prospects for a US-Iran agreement fade. On Tuesday morning, both WTI and Brent crude benchmarks experienced slight upticks. The situation is complicated by US demands for compensation, hindering…

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