Brent rose to 87.72 USD/bbl (+4.17) and West Texas to 82.13 USD/bbl (+3.95) on 10 Aug 2026, as the market expects the Strait of Hormuz to stay closed longer. Iran says full reopening depends on US concessions, though Iran and Oman have agreed in principle on a new shipping route. Houthi attacks on Saudi Aramco's Jazan refinery add supply risk. For a Thai SME, expect pressure on diesel and fuel costs, so review transport and energy budgets and fuel surcharges this quarter.