Oil prices hover near $90 a barrel and gold hits two-month high as Trump makes new demands on Iran – business live

US president demands compensation for damage incurred by US, complicating standoff with Tehran Oil prices have see-sawed: Brent crude jumped more than 2% to just over $90 a barrel, the highest level since 31 July, but has now dipped 0.3% to $87.53 a barrel. It went higher earlier after a small cargo ship was attacked on Tuesday by Yemen’s Iran-aligned Houthis in the Bab el-Mandeb Strait, killing three crew members. While any beat ​is positive, the scale may not be enough for investors to really…