Wednesday, 11 November 2026

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

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.

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

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.

Read the full story on MyJoyOnline

Source: MyJoyOnline

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