Oil prices held steady on Wednesday after recent strong gains amid skepticism that a U.S.-Iran deal would quickly restore Hormuz flows.
Brent crude futures were up 0.3 percent at $89.14 a barrel, rising for the sixth consecutive session following mixed signals surrounding a potential deal between the U.S. and Iran. WTI crude futures edged up by 0.2 percent to $83.34.
Conflicting reports over diplomacy and Strait of Hormuz talks have hampered prospects for reopening the crucial waterway.
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Oil Prices Hold Steady After Recent Gains
2026-08-12 09:30:03
