# Oil rises and Asian stocks drift as US-Iran talks stall

https://mins.news/en/item/18639

- Reuters, 2026-08-11 01:50 UTC
- Economy
- Original: https://www.reuters.com/world/china/global-markets-global-markets-2026-08-11/?link_source=ta_bluesky_link&taid=6a7a7fd58d565a0001270597

> Oil prices moved higher on Tuesday after negotiations between the United States and Iran reached an impasse. The discussions concern a peace agreement and reopening the Strait of Hormuz. Asian shares remained directionless as prolonged uncertainty over the outlook for global inflation weighed on markets. The stalemate has added to concerns surrounding energy and broader economic conditions.

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