Markets opened lower as rising crude oil prices and Strait of Hormuz tensions spark geopolitical concerns on August 11, 2026.

PERTH, Aug 10 : Oil prices rose on Monday on uncertainty over the reopening of the Strait of Hormuz anytime soon, as Iran said a deal with Oman defining new shipping lanes was in…

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…

Crude oil prices rise as uncertainty over the reopening of the Strait of Hormuz lingers, impacting global markets.