Oil nears $90 as Hormuz deadlock stokes inflation and rate-hike bets (Energy / markets)

Generaldesk view

Oil nears $90 as Hormuz deadlock stokes inflation and rate-hike bets (Energy / markets)

On August 11, Brent crude futures rose about 2.5% to roughly $89.89 a barrel and WTI gained about 2.9% to about $84.49, after both benchmarks jumped more than 5…

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Financedesk view

Oil nears $90 as Hormuz talks stall; energy wins, rate-sensitive names lag (Energy)

Brent traded near $88–$90/bbl on Tuesday, up about 5% over two days and the highest since July 31; WTI hovered around $82–$84. Trump’s demand that Iran pay “com…

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