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Oil prices settle up as Iran says Strait of Hormuz to stay shut

Oil prices settle up as Iran says Strait of Hormuz to stay shut

By Scott DiSavino Aug 11 (Reuters) - Oil prices edged up to a one-week high on Tuesday as doubts about a potential U.S.-Iran peace deal fueled concerns that Middle East supply disruptions would persist. Brent futures rose $1.19, or 1.4%, to settle at $88.91 a barrel, while U.S.

Oil hits new one-week high as supply disruptions outweigh Strait of Hormuz talks

Oil hits new one-week high as supply disruptions outweigh Strait of Hormuz talks

By Scott DiSavino Aug 11 (Reuters) - Oil prices edged up to a fresh one-week high on Tuesday as the market focused more on supply disruptions in the Middle East and Russia than on signs of progress in talks between Oman and Iran over shipping through the Strait of Hormuz.

Oil rises as doubts over US-Iran deal heighten supply concerns

Oil rises as doubts over US-Iran deal heighten supply concerns

By Sam Li and Lewis Jackson BEIJING, Aug 12 (Reuters) - Oil prices rose on Wednesday morning as doubts about a U.S.-Iran peace deal and attacks on two ships fuelled concerns about Middle East supply disruptions, even as industry data showed U.S. crude inventories expanded.

Oil rises 4% as Iran, US both demand compensation and Hormuz hopes fade

Oil rises 4% as Iran, US both demand compensation and Hormuz hopes fade

By Arathy Somasekhar HOUSTON, Aug 10 (Reuters) - Oil prices jumped over 4% on Monday after Iran and the United States traded demands for compensation, dimming prospects for a deal to reopen the Strait of Hormuz.

Oil rises 3% as Iran tempers hopes of Hormuz reopening

Oil rises 3% as Iran tempers hopes of Hormuz reopening

By Arathy Somasekhar HOUSTON, Aug 10 (Reuters) - Oil prices jumped 3% on Monday after Iran said the U.S. must lift sanctions on Tehran, pay reparations and meet a number of other conditions before the Strait of Hormuz is reopened.

Oil climbs 5% as Iran, US both demand compensation and Hormuz hopes fade

Oil climbs 5% as Iran, US both demand compensation and Hormuz hopes fade

By Arathy Somasekhar HOUSTON, Aug 10 (Reuters) - Oil prices settled 5% higher on Monday after Iran and the United States traded demands for compensation, dimming prospects for a deal to reopen the Strait of Hormuz.

Oil climbs 2%, extending gains on dimming U.S.-Iran peace hopes

Oil climbs 2%, extending gains on dimming U.S.-Iran peace hopes

By Anushree Mukherjee Aug 11 (Reuters) - Oil prices rose more than 2% on Tuesday to their highest in more than a week as ongoing disruption to Middle East energy flows and fading hopes for a U.S.-Iran peace deal heightened concern over global oil supplies.

Oil pares gains as traders weigh Oman-Iran talks

Oil pares gains as traders weigh Oman-Iran talks

By Anushree Mukherjee Aug 11 (Reuters) - Oil prices pared gains on Tuesday after hitting their highest for more than a week as signs of progress in talks between Oman and Iran over shipping through the Strait of Hormuz were weighed against ongoing disruption to Middle East energy flows.

Oil rises as Iran and US trade demands for reopening Strait of Hormuz

Oil rises as Iran and US trade demands for reopening Strait of Hormuz

By Ishaan Arora Aug 11 (Reuters) - Oil prices rose more than 1% on Tuesday as hopes for a U.S.-Iran deal to end the war and reopen the Strait of Hormuz faded after President Donald Trump demanded compensation for damages from Tehran.

Oil steady as Iran tempers hopes for swift Hormuz reopening

Oil steady as Iran tempers hopes for swift Hormuz reopening

By Sethuraman N R and Helen Clark NEW DELHI/PERTH, Aug 10 (Reuters) - Oil prices were little changed on Monday after surrendering earlier gains, as optimism over talks to reopen the Strait of Hormuz was tempered by Iran's insistence that the United States satisfy several demands before the waterway

Oil edges higher as Iran tempers hopes of swift Hormuz reopening

Oil edges higher as Iran tempers hopes of swift Hormuz reopening

By Stephanie Kelly LONDON, Aug 10 (Reuters) - Oil prices edged higher on Monday on optimism over talks to reopen the Strait of Hormuz, though gains were capped by Iran's insistence that the United States must satisfy several demands before the waterway can reopen.

Oil rises on uncertainty over reopening of Hormuz

Oil rises on uncertainty over reopening of Hormuz

By Helen Clark PERTH, Aug 10 (Reuters) - Oil prices rose on Monday on uncertainty over the reopening of the Strait of Hormuz anytime soon, as Iran said a deal with Oman defining new shipping lanes was in its final stages but insisted the U.S. must still meet other conditions.