Oil rises on uncertainty over reopening of Hormuz

August 10th 2026
Iran and the U.S. are not engaged in talks and Tehran will not start them as long as Washington breaches an interim deal signed in June, Iranian Foreign Minister Abbas Araqchi said on Sunday.- US is set to import most Middle East crude since Iran war began
- Brazil to cut natural gas prices for industry by more than 50%
- ConocoPhillips CEO Ryan Lance departs as oil producer posts best profit since 2022
- Bank of America Raises 2026 U.S. Natural Gas Price Forecast on Tight Supply Outlook
- NNPC Launches New Tender for Cawthorne Crude as Nigeria Expands Export Portfolio
- Occidental quarterly profit soars to highest since 2022 on oil rally
- Petrobras halts studies for $1-B gas pipeline in Brazil amid regulatory uncertainty
- Oil prices slip as Iran-Oman talks fuel hopes for US-Iran peace deal
- Uniper Signs 20-Year LNG Supply Agreement with Canada’s Ksi Lisims Project


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