Oil rises as uncertainty continues over reopening of Strait

PERTH, Aug 10 : Oil prices rose on Monday as uncertainty continued over the reopening of the Strait of Hormuz as Iran said a deal with Oman defining new shipping lanes was in its final stages, but the U.S. must still meet other conditions. Brent crude futures rose $1.20, or 1.44 per cent, to $84.79 by 2206 GM

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