Home / BusinessBusinessThe PunchBusinessThe Punch·Aug 11, 2026·1 min readOil prices jump further as hopes for Hormuz deal fadeOil prices surged as hopes for a Strait of Hormuz deal diminish, fanning inflation fears and increasing bets on US interest rate hikes. Get the latest on c Read More…View original source — The Punch ↗ShareCopy linkShare on XShare on FacebookRelated storiesBusinessThe PunchBusinessAug 11, 2026 · 1 min2027: Kogi Central PDP appoints campaign DG, chairmanThe PunchBusinessMarketWatchBusinessAug 11, 2026 · 1 minIntel now says it is selling $20 billion of stockMarketWatchBusinessMarketWatchBusinessAug 11, 2026 · 1 minBears are in pain as the S&P 500 hits record highs. That may mean more upside for stocks.MarketWatchBusinessCNBCBusinessAug 11, 2026 · 1 minTreasury yields up as oil prices jump and investors await inflation dataCNBC
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