(Updates to market close throughout)

By Ragini Mathur and Fergal Smith

TORONTO, Aug 11 (Reuters) - Canada's main stock index rose

to another record high on Tuesday as oil prices climbed and

investors awaited U.S. inflation data, with energy and

industrial shares posting among the biggest gains.

The S&P/TSX Composite Index ended up 17.59 points,

or 0.1%, at 36,475.92, eclipsing the record closing high it

posted on Monday.

* The price of oil settled 1.3% higher at $83.20 a

barrel as the market focused more on supply disruptions in the

Middle East and Russia than on signs of progress in talks

between Oman and Iran over shipping through the Strait of

Hormuz.

* "Oil markets are tight and investors are coming to terms

with that," said Brian Madden, chief investment officer at First

Avenue Investment Counsel.

* Investors globally have worried that higher oil prices

could fuel inflation, leading to tighter monetary policy from

major central banks, including the Federal Reserve.

* U.S. inflation figures due on Wednesday could offer clues

on the Fed's policy path.

* Both energy and industrials rose

0.8%, with the latter helped by a gain of 5.9% for the shares of

Air Canada ( ACDVF ) after Scotiabank raised its price target on

the stock.

* "In Canada, the industrial sector is ripe with opportunity

because of some of the fiscal and industrial-policy initiatives

underway," Madden said.

* Prime Minister Mark Carney has committed to invest ​over

C$280 billion in the next five years on infrastructure, defense

and housing as well as measures to enhance ⁠productivity.

* Utilities added 1.8%, clawing back some recent

declines, as bond yields eased.

* Pet Valu Holdings ( PTVLF ) was a standout. Its shares rose

9.3% after the company reported quarterly results ahead

of estimates.

* Technology was a drag, falling 1.7%, with shares

of application software company Open Text ( OTEX ) down 3.2%.