Economy & Finance
Aug 04, 2026
Oil Rebounds as Iran Denies Trump Talks: Hormuz Dispute Uncertain
Oil rebounded 1% as Iran denied Trump's claim of scheduled talks. Brent at $84.89 (+1.3%), WTI $81.11 (+1%). Iran FM Baghaei: no negotiations. Hormuz exports 4.2M bpd (Barclays). UKMTO flagged projectile incident.