# Oil Prices Bounce Back Following Reports of U.S. Strikes on Iran

- Source: OilPrice.com
- Published: 2026-11-03T05:25:00+00:00
- Category: Markets
- Original: https://oilprice.com/Latest-Energy-News/World-News/Oil-Prices-Bounce-Back-Following-Reports-of-US-Strikes-on-Iran.html
- Canonical: https://groundlevelnews.com/story/oil-prices-bounce-back-following-reports-of-u-s-strikes-on-iran-34eaca/

After shedding 7% yesterday, crude oil prices inched up earlier today following a Wall Street Journal report about a U.S. strike on Iran’s Qeshm Island. Brent crude traded at $105.26 per barrel at the time of writing, and West Texas Intermediate traded at $97.07 per barrel, after the WSJ cited unnamed U.S. officials as saying Iran’s Qeshm Island became a target in what they said was the latest in

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