Macro Finance
Latest Oil Market News and Analysis for Aug. 10
Bloomberg Markets·August 9, 2026·1 min read
Oil extended gains as Iran and Oman remained short of a deal to reopen the Strait of Hormuz, while Houthi militants claimed an attack on a Saudi refinery near the Red Sea. The ongoing geopolitical tensions and supply disruption risks continue to support crude prices, with traders monitoring developments in the region.
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