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Oil prices rise as Iran rules out interim deal extension, threatens to escalate conflict

The U.S.-Iran deal was supposed to open the Strait of Hormuz while they negotiated a final deal on Tehran's nuclear program within 60 days.

Oil prices rise as Iran rules out interim deal extension, threatens to escalate conflict

Published August 17, 2026 · Category: Finance

Overview

The U.S.-Iran deal was supposed to open the Strait of Hormuz while they negotiated a final deal on Tehran's nuclear program within 60 days.

Source

Originally published at www.cnbc.com.

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