Investment
Features
FeesSafety
Academy
More
Pluang+

Oil prices rise amid stalled US-Iran talks on Strait of Hormuz reopening

Market News
09 Aug 2026
CNBC
View Source
Bearish
Oil prices rise amid stalled US-Iran talks on Strait of Hormuz reopening

Oil prices increased as talks between the US and Iran to reopen the Strait of Hormuz remain stalled. Iranian officials deny direct negotiations are ongoing, while the US claims a deal is near. Iran demands compensation and sets conditions including an end to war and aggression, which the US disputes, insisting on free navigation without Iranian control. Meanwhile, risks persist with attacks by Yemen's Houthi groups affecting alternative shipping routes, keeping market uncertainty high as the conflict enters its sixth month.

More News

Zeta Global stock jumps 69% in three months, driven by strong AI business growth.

Zeta Global stock jumps 69% in three months, driven by strong AI business growth.

Zeta Global's stock surged 69% over the past three months, significantly outperforming its benchmark's 4% gain. The company’s accelerating business performance, especially in AI-powered services, supports continued optimism about its future prospects...

Analyst Insights
Bullish
4 hours ago
Primo Brands rated BUY after strong 2Q26 results and attractive valuation discount.

Primo Brands rated BUY after strong 2Q26 results and attractive valuation discount.

Primo Brands Corporation received a BUY rating following robust second-quarter 2026 results, improved operating leverage, and a favorable valuation discount. The company raised its 2026 sales guidance to 2–4% growth, driven by strong premium brand pe...

Company Fundamentals
Bullish
4 hours ago
Wistron shares drop 6% after $1.5B share sale to fund raw material purchases for AI expansion

Wistron shares drop 6% after $1.5B share sale to fund raw material purchases for AI expansion

Wistron Corporation's shares fell over 6% after announcing a $1.47 billion global depositary receipt offering to raise funds for raw material purchases. The offering involves 25 million receipts priced at a 5.5% discount, representing about 7.29% of ...

Company Fundamentals
Bearish
5 hours ago
Man recovers $4.4M in Bitcoin after 12 years following exchange collapse

Man recovers $4.4M in Bitcoin after 12 years following exchange collapse

A British man known as Chris reclaimed 61 BTC worth $4.4 million after 12 years of legal battle following the 2014 collapse of Intersango, a UK bitcoin exchange. Initially buying bitcoin in 2011, Chris left his coins in the exchange custody, which sh...

Market News
Bullish
5 hours ago
XPENG launches world's first advanced humanoid robot production line, marking shift to mass manufacturing.

XPENG launches world's first advanced humanoid robot production line, marking shift to mass manufacturing.

XPENG has started operating the world's first advanced humanoid robot production lines, successfully transitioning from R&D to mass manufacturing. Their humanoid robot, IRON, features high dexterity, AI intelligence, and automotive-grade quality, des...

Market News
Bullish
5 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App