# Oil prices and stocks surge as Hormuz closure drags on

https://mins.news/en/item/18288

- Al Jazeera, 2026-08-10 15:45 UTC
- Economy
- Original: https://www.aljazeera.com/economy/2026/8/10/oil-prices-stocks-surge-as-hormuz-closure-drags-on?traffic_source=rss

> Oil prices and stock markets have risen sharply as the closure of the Strait of Hormuz continues. Analysts warn that US petrol prices, which fell by nine cents last week, could climb again if the disruption persists. The warning links a prolonged closure with renewed pressure on fuel costs.

## Stories

- [Iran US War and Gulf Escalation](https://mins.news/en/topic/iran-us-war-and-gulf-escalation) — Markdown: https://mins.news/en/topic/iran-us-war-and-gulf-escalation.md

## Related coverage

- [Hormuz Deal Remains Elusive as Stocks Hold Near Record Highs](https://mins.news/en/video/18096) — Bloomberg Television, 2026-08-10
- [Iran’s demands to reopen Hormuz: A capitulation document?](https://mins.news/en/item/18016) — France 24, 2026-08-10
- [Oil rises as uncertainty clouds Hormuz reopening](https://mins.news/en/item/17730) — Reuters, 2026-08-10