Tue, Aug 11 07:25 AM

Hormuz Deadlock: Where oil prices could head next as prospects for an imminent deal fade

CNBC•Tue, Aug 11, 2026, 05:01 AM•2 min read

Oil traders keep clinging to hope that the Strait of Hormuz will reopen. That won't last forever.

Source: [CNBC](https://www.cnbc.com/2026/08/11/hormuz-oil-prices-us-iran.html)

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