ConflictIran·3 Nov 2026
Oil prices rise following reports of US strike on Qeshm Island
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Oil prices rose in early Asian trade on Tuesday following a Wall Street Journal report that the United States struck Iran's Qeshm Island. US officials described the strikes as defensive actions intended to prevent Iranian interference with commercial shipping in the Strait of Hormuz. Following the report, Brent crude futures increased 48 cents to $105.25…
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