Chevron is trading at €167.02 (+3.16%) as uncertainty over reopening the Strait of Hormuz supports crude prices.

  • Brent gained 1.09% and WTI advanced 0.84% on August 10, 2026.
  • Reuters reported Iran’s conditions for reopening the waterway prolonged supply concerns and lifted oil’s geopolitical risk premium.
  • No clear Chevron-specific announcement explains the move; sector momentum is the strongest explanation.