U.S. Crude Jumps 5% to $82.13 as Iran-U.S. Compensation Demands Dim Hormuz Deal Hopes

U.S. Crude Jumps 5% to $82.13 as Iran-U.S. Compensation Demands Dim Hormuz Deal Hopes

U.S. crude oil settled at $82.13 a barrel on August 10, 2026, up roughly 5%, after both Iran and the U.S. demanded compensation to reopen the Strait of Hormuz. Iran separately signaled it was nearing agreement on shipping lanes, but the conflicting posture eroded market confidence. Wall Street closed lower the same session.

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