ENERGYSTORY 514· AUGUST 10, 2026

U.S. oil hits $80 as Strait of Hormuz deal doubts weigh on markets

Oil climbed to $80 a barrel for U.S. crude, a move driven by doubt over whether two governments can agree to keep a narrow waterway open. That waterway is the Strait of Hormuz, which connects the Persian Gulf to the Arabian Sea and serves…

NDNewsDialy Desk2 MIN READ

SOURCE

cnbc.com

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