EconomyOil Holds Gains as Pakistan Says US and Iran Near Hormuz Deal
Pakistan says the United States and Iran are close to reaching an agreement concerning the Strait of Hormuz. Oil prices nevertheless held their gains after rising for a sixth consecutive day. Investors remain skeptical that a deal would quickly restore energy flows through the strategic waterway. The uncertainty around the potential arrangement continues to shape energy-market expectations.
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Bloomberg News★★★★☆2026-08-12 07:30Original
Oil Holds Gains as Pakistan Says US and Iran Near Hormuz Deal
Economy