LONDON: Oil prices fell back in choppy trading and stock markets were marginally higher Tuesday (Aug 11) as investors weighed fading expectations of higher interest rates against concern over oil flows from the Middle East.Oil prices initially rose more than 2 per cent with the United States and Iran appearin

LONDON, Aug 10 : Oil prices jumped almost 2 per cent on Monday after Iran insisted that the United States must satisfy several demands before the Strait of Hormuz can reopen.…

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…