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المصري اليوم
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2026-11-06T13:05:13.000Z

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Oil Near $100 on US-Iran Tensions

Oil Near $100 on US-Iran Tensions

Brent crude approached $100 a barrel, rising 1.67% to $99.90, while West Texas Intermediate climbed 1.43% to $91.69, amid fears of renewed military escalation between Washington and Tehran and the threat it could pose to oil supplies. Iran reported three further attacks on oil tankers in the Strait of Hormuz, while the UK Maritime Trade Operations agency said attacks on vessels were nearing record levels. Meanwhile, hopes for a diplomatic settlement emerged after reports that Iran had sent a nuclear proposal to Washington via Qatar.

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