Oil prices rose as widening differences between Washington and Tehran reduced expectations for a near-term peace agreement and full reopening of the Strait of Hormuz.

Oil prices rose as Iran imposed stringent conditions for reopening the Strait of Hormuz and Houthi attacks intensified threats to Saudi energy infrastructure.

Aug 11 : Oil prices steadied on Tuesday at more than one-week highs amid fading hopes of a deal between the U.S. and Iran to end their war and reopen the Strait of Hormuz, after…