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Oil prices hold steady after jumping 5%, while Asian shares are mixed

Oil prices are climbing as uncertainty in the Strait of Hormuz drives Brent crude to $89.01 a barrel, up 1.5%. Meanwhile, Asian markets are showing mixed results as investors look ahead to upcoming inflation data that may affect Federal Res...

AP News· Aug 11, 2026 · 9:56 AM · 4 views

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Oil prices are climbing as uncertainty in the Strait of Hormuz drives Brent crude to $89.01 a barrel, up 1.5%. Meanwhile, Asian markets are showing mixed results as investors look ahead to upcoming inflation data that may affect Federal Reserve policy.

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