📰 2 sources covering this story

Oil climbs 5% as Iran, US both demand compensation and Hormuz hopes fade

First covered 44 mins ago · latest take 30 mins ago. Compare how each outlet is covering it — and rate the sources you trust.

Oil climbs 5% as Iran, US both demand compensation and Hormuz hopes fade
Daily Maverick
Daily Maverick30 mins ago
Oil climbs 5% as Iran, US both demand compensation and Hormuz hopes fade
HOUSTON, Aug 10 (Reuters) - Oil prices settled 5% higher on Monday after Iran and the United States traded demands for compensation, dimming prospects for a deal to reopen the Strait of Hormuz.
South China Morning Post
South China Morning Post🏁 first to report44 mins ago
Trump demands Iran pay compensation as hopes fade for Hormuz agreement
US President Donald Trump on Monday demanded that Iran compensate the victims of attacks, conflicts and domestic repression he blamed on Tehran, adding a new condition to negotiations over reopening the Strait of Hormuz. The demand came after Iran reiterated that Washington must compensate it for damage caused by more