Oil extended its gains in early Monday trading as Iran rejected talks with the US and a deal to reopen the vital Strait of Hormuz remained elusive. Asian stocks looked set to advance in catch-up trading.
Geopolitics Bloomberg Aug 9, 2026
Oil Gains as Iran Deal Eludes, Stocks Set to Rise: Markets Wrap
Oil extended its gains in early Monday trading as Iran rejected talks with the US and a deal to reopen the vital Strait of Hormuz remained elusive. Asian stocks looked set to advance in catch-up trading.
