S&P 5007,785.76▼0.2% Nasdaq26,729.16▼0.3% Dow53,732.41▼0.2% Russell 2K3,068.42▲0.5% 10-Yr4.70%+6bp VIX14.25−0.38 WTI$82.40▲1.4% Gold$4,432.00▲1.6% EUR/USD1.157▲0.4% BTC$78,412▼0.2% Nikkei68,309▲1.2%
At close · Fri, Aug 14, 2026
Daily Market Updates.

Global Markets

Home›Global Markets›Trade & Tariffs›Oil recovers after Iran says it reached a Hormuz reven…

Oil recovers after Iran says it reached a Hormuz revenue-sharing deal

Investors have been weighing how the United States will apply economic sanctions to increase pressure on Iran rather than relying on military strikes.

Reported · Written up by our desk · Trade & Tariffs

Oil prices rebounded after slipping to lows Wednesday following a statement from Iran about a deal with Oman to share revenue tied to the Strait of Hormuz, according to CNBC World.

The move came as traders continued to assess broader developments around Iran, including the prospect that the U.S. approach may lean more on economic sanctions than on military action to pressure Tehran, the outlet said.

← Newer storyLocal backlash questions Virginia data center campus plans

More like this

Global MarketsBill Gates calls for a tax on AI job replacement
Global MarketsUS critical minerals proposals to Brazil stalled as rare earth push lags
Global MarketsAastha Spintex shares surge on planned dividend and 1:1 bonus issue
Global MarketsTrump administration seeks higher caps for small-business eligibility
Global MarketsCourt documents allege Chinese hacker group hit US agencies and critical firms

Sources

CNBC WorldOil bounces off lows after Iran says deal reached with Oman to share revenue from Hormuz

Get the close, explained.

One email every trading day: what moved, why it moved, and what's on deck tomorrow. Read in 3 minutes.

Free. Unsubscribe anytime.