Oil prices rise, Asia stocks drift on US-Iran stalemate | live

By Rae Wee SINGAPORE, Aug 11 (Reuters) - Oil prices rose on Tuesday as negotiations between the United States and Iran over a peace deal and the reopening of the Strait of Hormuz hit an impasse, while Asian shares drifted on protracted uncertainty over the global inflation outlook.

Aug 11, 2026 - 11:00
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Oil prices rise, Asia stocks drift on US-Iran stalemate | live
By Rae Wee SINGAPORE, Aug 11 (Reuters) - Oil prices rose on Tuesday as negotiations between the United States and Iran over a peace deal and the reopening of the Strait of Hormuz hit an impasse, while Asian shares drifted on protracted uncertainty over the global inflation outlook.

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