Energy & Petrochemicals #crude oil#oil prices
Crude Oil Rises as Uncertainty Over Strait of Hormuz Reopening Persists
Crude oil futures rose on Monday as uncertainty persisted over the reopening of the Strait of Hormuz, according to The Hindu BusinessLine. October Brent gained 1.07% to $84.44, while September WTI rose 0.84% to $78.84. Iran's foreign minister said an agreement with Oman is in the final stages but the strait will not reopen until the US meets other conditions.
Aug 10, 2026 1 source