Iran Warns Against Second Strait of Hormuz Corridor as Oil Markets Brace for Volatility

Conflicting signals from the United States and Iran over the status of talks to end their five-month-old war boosted uncertainty on Tuesday (Aug 4), with the latest attack on shipping in the Strait of Hormuz highlighting risks to global energy flows. US President Donald Trump said talks were under way on Monday, warning of a “last chance” for Tehran to sign …