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U.S. oil price hovers around $82 as traders weigh conflicting signals on Strait of Hormuz deal

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CNBC reports crude oil hovering near eighty-two dollars a barrel, having risen three percent earlier as traders assessed conflicting signals on a Strait of Hormuz deal. The move came after President Donald Trump demanded reparations from Iran.

Source: https://www.cnbc.com/2026/08/11/oil-prices-today-us-crude-84.html

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