Skip to content
Guavy Logo GUAVY
Sign up
Back to Guavy Wire
Commodities

Trump's Compensation Demand Dents Hopes for Strait of Hormuz Deal

Guavy AI Editorial Team
Instruments
Oil
Share

Oil prices rose more than 1% on Tuesday as hopes for a US-Iran deal to end the war and reopen the Strait of Hormuz faded.

US President Donald Trump demanded compensation from Tehran for damages, which is likely to complicate efforts to reopen the strategic oil waterway.

The demand was made after Iran presented its conditions for a peace deal, but it remains unclear if either side will budge.

Brent crude futures rose $1.4, or 1.6%, to $89.12 a barrel by 0701 GMT, while US West Texas Intermediate crude futures were up $1.35, or 1.64%, to $83.48 a barrel.

More on Commodities

Commodities 5m ago

Rapeseed Prices Surge on Euronext Paris Exchange Amid Rising Oil Costs

Commodities 5m ago

Aluminum Prices Soar on Alunorte Refinery Output Cut

Commodities 6m ago

Gulf States Cave on Iran Control Over Strategic Waterway

Disclaimer: Guavy is a data and market intelligence provider, not an investment advisor. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Guavy Logo GUAVY

Market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

Navigate

Markets

Resources

© 2026 Guavy Inc

Terms Privacy Policy