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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.
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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.
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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.
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Oil rises 2% to more than one-week high as U.S.-Iran peace hopes dim

Oil rises 2% to more than one-week high as U.S.-Iran peace hopes dim

By Anushree Mukherjee Aug 11 (Reuters) - Oil prices rose more than 2% on Tuesday to over one-week highs 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 from Tehran.
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Oil steadies near one-week highs as US-Iran peace deal hopes dim

Oil steadies near one-week highs as US-Iran peace deal hopes dim

By Ishaan Arora Aug 11 (Reuters) - Oil prices steadied on Tuesday at more than one-week highs amid fading hopes of a deal between the U.S. and Iran to end their war and reopen the Strait of Hormuz, after President Donald Trump demanded compensation for damage the U.S. has incurred.
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Wall St futures edge up as Hormuz progress weighs down oil prices

Wall St futures edge up as Hormuz progress weighs down oil prices

By Avinash P and Purvi Agarwal Aug 11 (Reuters) - U.S. stock index futures inched up on Tuesday as signs of progress toward reopening the Strait of Hormuz weighed on oil prices, though the inflation outlook remained uncertain.
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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
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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.
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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.
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Wall St muted as markets monitor Hormuz situation; data awaited

Wall St muted as markets monitor Hormuz situation; data awaited

By Avinash P and Purvi Agarwal Aug 10 (Reuters) - Wall Street's main indexes were subdued on Monday after a recent rally that took the S&P 500 and the Dow to record highs, as investors weighed Middle East developments that lifted oil, while awaiting crucial inflation data and earnings.
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Trump demands Iran pay compensation for deaths as Hormuz deal hopes fade

Trump demands Iran pay compensation for deaths as Hormuz deal hopes fade

By Tala Ramadan and Steve Holland DUBAI/WASHINGTON, Aug 10 (Reuters) - U.S.
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Oil Prices Surge 3% Amid Uncertainty Over Hormuz Reopening

Oil Prices Surge 3% Amid Uncertainty Over Hormuz Reopening

Oil prices increased by 3% as Iran announced conditions for reopening the Strait of Hormuz, a critical oil transit route. Iran demands the lifting of U.S. sanctions, reparations, and other conditions before reopening the strait. This announcement follows a period of negotiations with Oman and comes amid ongoing regional tensions. The uncertainty surrounding the strait's status has contributed to volatility in oil markets, with Brent crude and U.S. West Texas Intermediate crude both experiencing significant price increases.