BUSINESS● ELEVATEDAug 10 · Aug 10, 2026, 5:22 PM
Oil jumps as US-Iran deal hopes fade, Strategic Petroleum Reserve falls below 300 million barrels
Yahoo Finance
Oil prices increased as expectations for a deal between the US and Iran diminished, coinciding with the Strategic Petroleum Reserve dropping below 300 million barrels. This suggests market volatility influenced by geopolitical factors and energy supply concerns.
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