Oil prices increased on August 12 ahead of upcoming U.S. inflation data, with verified reports confirming the CPI release and a prior jobs loss exceeding 20,000. Multiple supported claims detail the Federal Reserve's July decision to hold rates despite three dissents, U.S. inflation above target for over five years, and statements on U.S.-Iran compensation demands tied to a conflict that began in February. Stock market performance on the session remains disputed between sources.