WTI Crude Oil for September month delivery was last seen trading up by $0.89 (or 1.08%) at $83.02 per barrel. Foremost among them, Iran wanted a compensation for the widespread damages caused by the U.S. in the recent war. Trump also demanded Iran to pay for thousands of Iranians killed in the anti-government protests that happened months ago. Anxiety over further delay in the reopening of the strait for an indefinite period of time increased. Yesterday, the geopolitical risk premium offered support to crude oil prices which jumped more than 5%.