Hormuz crisis keeps supply chains under pressure even as reopening hopes rise

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…

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…

By Ronnie Harui and Kimberley Kao