Brent Crude Holds $87.62 as Hormuz Supply Risk Offsets OPEC Output Recovery
On Aug. 11 at 4:05 a.m. GMT, Brent crude futures traded at $87.62 a barrel and West Texas Intermediate at $82.08, buoyed by fading hopes for a U.S.-Iran agreement and persistent supply concerns around the Strait of Hormuz. Both benchmarks surged over 5% on Aug. 10, with Brent briefly
GateNews·08-11 13:22
