EconomyAttacks push up oil prices as hopes fade for Strait of Hormuz reopening
Brent crude prices have climbed after renewed attacks weakened expectations that the Strait of Hormuz would reopen. The violence has also reduced hopes that energy markets will return to stability. Market sentiment remains focused on the strategic waterway and the risks its disruption poses to energy flows.
AAl Jazeera★★★★☆2026-08-12 03:41Original
Attacks push up oil prices as hopes fade for Strait of Hormuz reopening
Economy