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Oil prices rise as Iran rules out interim deal extension, threatens to escalate conflict

The U.S.-Iran deal was supposed to open the Strait of Hormuz while they negotiated a final deal on Tehran's nuclear program within 60 days.

CNBC17 min ago

Published by CurrentWire Aug 17, 2026 at 9:20 AM ET · First coverage Aug 17, 2026 at 10:56 AM ET

Compiled by CurrentWire News Desk

Summary based on reporting from CNBC.

Read the full report at CNBC

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Oil prices rise as Iran rules out interim deal extension, threatens to escalate conflict(opens original report in a new tab)17 min ago

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