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U.S. oil rises above $83 a barrel as Iran says Strait of Hormuz won't open until conditions are met

Newseze Wire·Tue, Aug 11, 5:37 PMWire: CNBC Top News
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U.S. oil rises above $83 a barrel as Iran says Strait of Hormuz won't open until conditions are met

U.S. oil had risen as much as 3% earlier in the day after President Donald Trump demanded that Iran pay reparations to the U.S.

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U.S. oil had risen as much as 3% earlier in the day after President Donald Trump demanded that Iran pay reparations to the U.S. The story falls into Newseze's economy desk and is being actively tracked by our editorial team. Calm framing, primary-source references, and respectful tone — every Newseze story is scored for drama and conspiracy before it reaches you. Worth knowing: Newseze refreshes its newsroom every hour and flags fast-moving local and breaking news as it develops. Watch this page for updates. Reporting: CNBC Top News.

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