Oil prices rise after reported U.S. strike on Iran's Qeshm Island
🤖 AI-generated content — The title and summary were produced automatically by artificial intelligence, without human editorial review.
Brent crude gained 1.75% to $106.60 and WTI 1.7% to $98.10 on Tuesday after the U.S. reportedly hit Qeshm Island late Monday, a day before the midterms. That reversed a Monday drop of more than 7% after both presidents hinted at diplomacy; Brent had been at its highest since 2022. U.S. officials told the Wall Street Journal the campaign includes recent limited strikes kept low-profile to avoid signaling a wider escalation, while Marco Rubio and JD Vance also described a possible negotiated end to the war.
Continue in the app — vote & join in ➔Source: CNBC Top News · via ahirlevel.hu