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Jewish News 24 · Aug 11, 2026

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🛢️ Oil prices jumped more than 2% to their highest levels in over a week as hopes faded for a U.S.-Iran agreement to end the war and reopen the Strait of Hormuz following President Trump's demand for compensation from Tehran. Brent crude climbed to around $89.73 a barrel, while U.S. WTI rose to $84.04, their highest levels since July 31.

🛢️ Oil prices jumped more than 2% to their highest levels in over a week as hopes faded for a U.S.-Iran agreement to end the war and reopen the Strait of Hormuz following President Trump's demand for compensation from Tehran. Brent crude climbed to around $89.73 a barrel, while U.S. WTI rose to $84.04, their highest levels since July 31.

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