Latest Oil Market News and Analysis for Aug. 11 — Oil held a three-day gain after President Donald Trump made sweeping new demands on Iran, clouding the outlook for a deal to reopen the crucial Strait of Hormuz.
Magnitude 7.7 earthquake strikes off Indonesia's coast, killing at least 20 — A powerful magnitude 7.7 earthquake struck off the coast of Indonesia early Saturday, killing at least 20 people, collapsing buildings as well as causing panic in a region prone to deadly quakes.
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