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The Economic Times
The Economic Times
Business
Veer Sharma

Oil Price Today (August 10): Crude oil rises to $85 amid Hormuz worries as attacks continue. What are experts saying?

Oil United States Hormuz Iran Donald Trump Oman Strait of Hormuz UAE

Oil prices moved higher on Monday as uncertainty over when the Strait of Hormuz will reopen returned to the market. Iran said a deal with Oman to establish new shipping lanes was in its final stages, but maintained that the US must meet additional conditions before the waterway can reopen.

Crude oil price on August 10

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