London, Aug 11, 2026 (AFP) - Oil prices lower, stocks higher as Hormuz doubts drag on

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2026-08-11
Oil prices fell back in choppy trading and stock markets were marginally higher Tuesday as investors weighed fading expectations of higher interest rates against concern over oil flows from the Middle East. Oil prices initially rose more than two percent with the United States and Iran appearing to not make much progress towards a deal to reopen the Strait of Hormuz. Oil contracts later gave up those gains, but are still up around 10 percent i......
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WINDHOEK, 11 August 2026 -  Feminists and women’s rights advocates pictured during a discussion at the African Feminism Forum in Windhoek. (Photo: Contributed)

WINDHOEK, 11 August 2026 - Feminists and women’s rights advocates pictured during a discussion at the African Feminism Forum in Windhoek. (Photo: Contributed)

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HAVANA, 11 August 2026 - Namibian Prime Minister Dr. Elijah Ngurare reaffirmed Namibia's unwavering solidarity with Cuba and demanded an immediate end to the US trade blockade during a tribute to Fidel Castro in Havana. (Photo: Contributed) NAMPA.

HAVANA, 11 August 2026 - Namibian Prime Minister Dr. Elijah Ngurare reaffirmed Namibia's unwavering solidarity with Cuba and demanded an immediate end to the US trade blockade during a tribute to Fidel Castro in Havana. (Photo: Contributed) NAMPA.

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HAVANA, 11 August 2026 - Namibian Prime Minister Dr. Elijah Ngurare reaffirmed Namibia's unwavering solidarity with Cuba and demanded an immediate end to the US trade blockade during a tribute to Fidel Castro in Havana. (Photo: Contributed) NAMPA.

HAVANA, 11 August 2026 - Namibian Prime Minister Dr. Elijah Ngurare reaffirmed Namibia's unwavering solidarity with Cuba and demanded an immediate end to the US trade blockade during a tribute to Fidel Castro in Havana. (Photo: Contributed) NAMPA.

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WINDHOEK, 11 August 2026 - (From left) Namibia Nature Foundation communications officer Disney Andreas; Namibia Nature Foundation head of grants and administration, Hilma Shongolo; and Nedbank Namibia Chief Financial Officer, Victor Maengahama, pictured at the Nedbank Campus for the Go Green Fund handover. (Photo: Contributed)

WINDHOEK, 11 August 2026 - (From left) Namibia Nature Foundation communications officer Disney Andreas; Namibia Nature Foundation head of grants and administration, Hilma Shongolo; and Nedbank Namibia Chief Financial Officer, Victor Maengahama, pictured at the Nedbank Campus for the Go Green Fund handover. (Photo: Contributed)

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WINDHOEK, 11 August 2026 - Sepo Haihambo, Managing Director of Old Mutual Investment Group, Old Mutual Namibia. (Photo: Contributed)

WINDHOEK, 11 August 2026 - Sepo Haihambo, Managing Director of Old Mutual Investment Group, Old Mutual Namibia. (Photo: Contributed)

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OPUWO, 10 August 2026 - Parliamentary Standing Committee on Natural Resources chairperson Tobie Aupindi with committee members and Opuwo Urban Constituency Councillor Ueutjerevi Ngunaihe during a visit to Okarikua Mining on Monday. (Photo: Kaviveterue Virere) NAMPA

OPUWO, 10 August 2026 - Parliamentary Standing Committee on Natural Resources chairperson Tobie Aupindi with committee members and Opuwo Urban Constituency Councillor Ueutjerevi Ngunaihe during a visit to Okarikua Mining on Monday. (Photo: Kaviveterue Virere) NAMPA

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NKURENKURU, 10 August 2026 - The Kavango West Regional Education Director, Pontianus Musore. (Photo: Lylie Joel)
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NKURENKURU, 10 August 2026 - The Kavango West Regional Education Director, Pontianus Musore. (Photo: Lylie Joel) NAMPA

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WINDHOEK, 10 August 2026 - Vice-Chancellor of the University of Namibia, Kenneth Matengu pictured at the official launch of the REALTEST Project. (Photo: Edward Tenete) NAMPA

WINDHOEK, 10 August 2026 - Vice-Chancellor of the University of Namibia, Kenneth Matengu pictured at the official launch of the REALTEST Project. (Photo: Edward Tenete) NAMPA

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