Hormuz Deadlock: Where oil prices could head next as prospects for an imminent deal fade
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Source: CNBC
Published: 2026-08-11 15:01 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Middle East, Iran, Energy
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Snippet:
Oil prices remain below their recent peaks even as prospects for a quick reopening of the Strait of Hormuz fade, a disconnect analysts warn may not last.
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