Hormuz traffic remains severely disrupted, even as Iran and Oman reportedly move toward a deal, with Brent near $85 as markets price in a possible reopening.

NEW DELHI/PERTH, Aug 10 : Oil prices rose on Monday as uncertainty persisted over the reopening of the Strait of Hormuz, with Iran saying the United States must meet several…

LONDON, Aug 10 : Oil prices edged higher on Monday on optimism over talks to reopen the Strait of Hormuz, though gains were capped by Iran's insistence that the United States must…