Tuesday, 3 November 2026

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

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.

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

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.

Read the full story on MyJoyOnline

Source: MyJoyOnline

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