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برلمان.كوم
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2026-11-04T12:12:35.000Z

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Oil Rebounds on Iran War

Oil Rebounds on Iran War

Oil prices rose on Wednesday, November 4, with Brent crude gaining 0.8% to $104.42 a barrel and West Texas Intermediate rising 0.5% to $96.59, as markets awaited developments in the war with Iran and U.S. decisions, while weighing the risk of supply disruptions through the Strait of Hormuz. Prices were supported by data showing that U.S. crude inventories fell by 5.27 million barrels in the week ended October 30, contrary to expectations for an increase of 880,000 barrels.2?

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