Oil Prices Bounce After Reports of U.S. Strikes on Iran
Crude oil prices recovered after shedding 7% the previous day, following a Wall Street Journal report of a U.S. strike on Iran’s Qeshm Island. Brent crude was at $105.26 per barrel and WTI at $97.07 per barrel.
Original · OilPrice.com AI summary of public reporting
Why: U.S. strike on Iran → oil supply risk premium rises
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At publication → CurrentBRENTOIL105.22 → 107.27+1.9%
CL97.01 → 98.68+1.7%