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U.S. stock indices fell following Iran's statement on the Strait of Hormuz

U.S. stock indices fell on August 11 after Iran stated that the Strait of Hormuz would remain closed until its conditions were met. Against the backdrop of this statement, oil prices rose: the price of Brent crude once again exceeded $88 per barrel, Fortune reports, citing Bloomberg.

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Aug 11, 2026 - 23:00
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U.S. stock indices fell following Iran's statement on the Strait of Hormuz
U.S. stock indices fell on August 11 after Iran stated that the Strait of Hormuz would remain closed until its conditions were met. Against the backdrop of this statement, oil prices rose: the price of Brent crude once again exceeded $88 per barrel, Fortune reports, citing Bloomberg.
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