Oil prices rise but gain capped on report phased opening of Hormuz Strait under discussion
Numerous merchant ships belonging to Iran and other countries remain at anchor in the Strait of Hormuz in Bandar Abbas, Iran, on Sept. 8, 2026. Fatemeh Bahrami | Anadolu | Getty Images Crude oil prices rose Thursday but were off session highs on a report that U.S. and Iranian negotiators in New York are discussing…