Oil rises from two-month low as Hormuz shipping attacks offset Iran truce hopes

Source: MyJoyOnline · 2026-11-11T03:55:00.000Z · Business

Oil prices rose on Wednesday after falling to two-month lows in the previous session, as the market swung between hopes for a de-escalation in the Iran ​war and concerns about ongoing attacks on shipping in the Strait of Hormuz.

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