Oil rises after report of US strike on Iran’s Qeshm Island

Source: MyJoyOnline · 2026-11-03T03:12:00.000Z · Business

Oil prices rose in early Asian trade on Tuesday after a report that the United States had struck Iran's Qeshm Island, raising concerns about an ​escalation of the eight-month conflict and prolonged disruptions to Middle East oil ‌supplies.

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