Home > Business > Oil rises 2% to more than one-week high as U.S.-Iran peace hopes dim

Oil rises 2% to more than one-week high as U.S.-Iran peace hopes dim

Written By: TDG Syndication
Last Updated: August 11, 2026 14:00:05 IST

By Anushree Mukherjee Aug 11 (Reuters) – Oil prices rose more than 2% on Tuesday to over one-week highs as hopes for a U.S.-Iran deal to end the war and reopen the Strait of Hormuz faded after

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

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