Hormuz Deadlock: Where oil prices could head next as prospects for an imminent deal fade

Oil traders keep clinging to hope that the Strait of Hormuz will reopen. That won't last forever.

# Hormuz Deadlock: Where oil prices could head next as prospects for an imminent deal fade Oil traders keep clinging to hope that the Strait of Hormuz will reopen. That won't last forever. **Read the full article:** [CNBC](https://www.cnbc.com/2026/08/11/hormuz-oil-prices-us-iran.html) *This article was originally published by CNBC. MoneyWiseInc provides expert curation of the best financial content from trusted sources.*