Oil prices hold steady after jumping 5%, while Asian shares are mixed
BANGKOK (AP) — Shares were mixed in Asia, while oil prices were holding steady Tuesday after jumping the day before as uncertainty persisted over when the Strait of Hormuz could reopen and get the global flow of crude going again. U. S. futures edged higher. Brent crude oil was unchanged at $87. 72 a barrel, while U. S. benchmark crude also was flat at $82. 13 a barrel. Brent surged 5% on Monday. It swung between $72 and $102 last month as hopes rose and fell that the United States and Iran...
Read MoreTue, 11 Aug 2026
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