BSS
  11 Aug 2026, 16:34

Brent North Sea oil tops $90 as Iran-US deal hopes fade

LONDON, Aug 11, 2026 (BSS/AFP) - The price of Brent North Sea crude, the main international oil contract, climbed above $90 on Tuesday as hopes that the United States and Iran reach a deal to end the war fade.

Brent reached $90.02 a barrel, a gain of more than 2.5 percent from Monday, while the main US contract, West Texas Intermediate, jumped 2.7 percent to $84.32 a barrel.