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

President Donald Trump demanded Iran pay reparations to the U.S. U.S. oil had risen as much as 3% earlier in the day, surpassing $83 a barrel.
Impact Score
7/10
Tuesday, August 11, 2026 at 11:55 AM EDT
Read original source →