International Oil Prices Continue to Rise as US-Iran Conflict Reaches Impasse

Aug 10, 23:06

August 10, according to Bitget market data, WTI crude oil rose by 5.00% intraday, now trading at $80.17 per barrel. Brent crude oil rose by 5.00% intraday, now trading at $85.58 per barrel.

On the news front, the Iranian Foreign Ministry reiterated that the U.S. maritime blockade against Iran is an act of aggression. The US-Iran conflict has recently reached a stalemate.