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Oil prices rise and gold hits two-month high after Trump makes new deal demands on Iran – business live

The Guardian Business Tuesday 11 August 2026, 06:49 UTC By Julia Kollewe 1 min read
Key Points

US president demands compensation for damage incurred by US, complicating standoff with TehranNvidia ⁠has partnered with six major Wall Street financial institutions to raise ⁠more than $500bn (£370bn) capital for artificial intelligence infrastructure. The Nvidia chief executive, Jensen Huang, said on X that the company has ⁠the option to backstop up to $125bn, or 25% of the potential deals.

US president demands compensation for damage incurred by US, complicating standoff with Tehran

Nvidia ⁠has partnered with six major Wall Street financial institutions to raise ⁠more than $500bn (£370bn) capital for artificial intelligence infrastructure.

The Nvidia chief executive, Jensen Huang, said on X that the company has ⁠the option to backstop up to $125bn, or 25% of the potential deals.

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Trump (ORG) Iran (LOCATION) US (LOCATION) TehranNvidia (ORG) Nvidia (ORG) Jensen Huang (PERSON)
Originally published by The Guardian Business Read original →

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