# Oil Rises, Gold Hits Two-Month High as Trump Adds Iran Demands

Oil prices climbed and gold reached a two-month peak after President Trump introduced new demands in US negotiations with Iran, raising geopolitical tensions. Investors are pricing in potential supply disruptions and seeking safe-haven assets amid renewed uncertainty.

**Importance:** 4/5

## Sources

### Business
- [The Guardian Biz](https://www.theguardian.com/business/live/2026/aug/11/oil-prices-rise-gold-hits-two-month-high-trump-makes-new-deal-demands-iran-live-updates) — Tue, 11 Aug 2026 06:49:44 GMT