Oil Prices Rise to $90 a Barrel Over U.S.-Iran Stalemate

NYT Business Tuesday 11 August 2026, 11:37 UTC By The New York Times 1 min read

Key Points

The stalemate over the Iran war hardened and commercial shipping in the Strait of Hormuz continued to dwindle.

the Iran war (EVENT) the Strait of Hormuz (LOCATION)

Originally published by NYT Business Read original →

The drastic separation between the haves and have-nots has begun as the 2026 WNBA season turns into the final stretch. Time is running out for those trying to play their way into the postseason, while a clear upper tier navigates playoff seeding. One team -- Minnesota -- has officially secured a berth, while one -- Seattle -- has been officially eliminated.

ESPN just now

Qatar sees 'positive' signs in Iran-Oman talks on reopening Hormuz

Doha said Iran and Oman had reached the technical stage of negotiations and were finalising shipping route coordinates, but warned against delay as only six vessels transited Hormuz on Monday compared with 130-140 before the war. Qatar has seen positive signs in talks between Oman and Iran over reopening the Strait of Hormuz, according to its foreign ministry, despite concerns that demands for compensation could delay an agreement. “We have heard positive statements from both capitals in the...

Euronews 13m ago

A Dozen Ships Switch Oil Outside Hormuz as Barrels Keep Flowing

A Dozen Ships Switch Oil Outside Hormuz as Barrels Keep Flowing A key oil supply valve from the Middle East that involves shuttle transits through the Strait of Hormuz is continuing to function in the face of a recent spate of attacks. Satellite images showed vessels conducting cargo transfers outside of Hormuz, in an indication that some tankers are continuing to cross the waterway dark. A total of 12 such switches were seen along a stretch of water that spans more than 100 kilometers (62...

Bloomberg Markets 13m ago

Farmer accidentally kills 25 acres of crops after trusting AI advice

Farmer accidentally kills 25 acres of crops after trusting AI advice AI chatbot suggested a treatment plan that completely destroyed sesame seedlings - Bookmark - CommentsGo to comments A farmer in China claims to have lost 25 acres of crops “overnight” after following pesticide advice from an AI assistant. The 67-year-old from Chuzhou in Anhui province had been using artificial intelligence software for a year prior to the incident, according to local reports, using it to ask for advice on...

The Independent World 20m ago

Oil Prices Rise to $90 a Barrel Over U.S.-Iran Stalemate

Related Stories

WNBA Power Rankings: Time running out as teams jockey for playoff seeds

Qatar sees 'positive' signs in Iran-Oman talks on reopening Hormuz

A Dozen Ships Switch Oil Outside Hormuz as Barrels Keep Flowing

Farmer accidentally kills 25 acres of crops after trusting AI advice