European natural gas prices climb as Iran-Oman negotiations over the Strait of Hormuz fail to signal a quick reopening, keeping LNG supply risks

Oil prices rise as markets expect an Iran-Oman agreement on the Strait of Hormuz. Agreement by August 31 at 62.5% YES.

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…