Latest Oil Market News and Analysis for Aug. 11

🇺🇸 Bloomberg (US) — 2026-08-10

Oil prices held a three-day gain following US President Donald Trump's new demands on Iran, complicating prospects for reopening the strategic Strait of Hormuz. The geopolitical tensions continue to influence oil market dynamics.

Oil held a three-day gain after President Donald Trump made sweeping new demands on Iran, clouding the outlook for a deal to reopen the crucial Strait of Hormuz.

World Politics Markets Commodities Energy oil prices Strait of Hormuz Donald Trump Iran geopolitics energy markets trade tensions

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Latest Oil Market News and Analysis for Aug. 11

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Russia is sure to win in its standoff with Ukraine — diplomat

Akmal Nasrullah: Malaysia’s renewable energy transition to catalyse RM4.3b investment, create 7,738 jobs

Govt-Presidency deadlock over judges’ appointment ‘close to resolution’

China says Long March 7A rocket launch failed after flight anomaly

Donald Trump aurait quitté le sommet de l’OTAN en Turquie en juillet à bord d’un avion secret en raison des menaces de l’Iran

Australia adds optional gender identity, sexual orientation questions to census