U.S. oil tops $84 as Hormuz deal hopes dwindle and deadlock deepens
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Source: CNBC
Published: 2026-08-11 19:12 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Transport, Middle East, Iran, Energy, US Politics
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Snippet:
Oil prices moved sharply higher on Tuesday, amid dwindling hopes of a U.S.-Iran deal to fully reopen the Strait of Hormuz, despite Washington's fresh efforts to boost fuel flows.
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