2026-11-03 09:24
News Code: 566756

Oil prices rise after report of US aggression

Oil prices rise after report of US aggression

Oil prices rose in early trade on Tuesday following a report that the US has launched drones toward Iran’s Qeshm Island.

to report «iusnews»; Brent crude futures gained 48 cents, or 0.5 percent, to reach $105.25 a barrel as of 01:04 GMT.

US West Texas Intermediate (WTI) crude went up 47 cents, also 0.5 percent, to $96.93.

The gains came after oil settled lower on Monday, according to market data.

Brent futures had settled $8.66, or 7.63 percent, lower, at $104.77 a barrel on Monday.

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