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MarketsEkonomimTurkish, translatedFiled 25 h ago

Oil prices rebounded from the bottom! Attacks in the Strait of Hormuz hit a record

Original headlinePetrol fiyatları dipten döndü! Hürmüz Boğazı'nda saldırılar rekor kırdı

Open the sourceReported by Ekonomim, ekonomim.com, 11 November 2026

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Brent crude rose back above $92 a barrel and U.S. WTI climbed past $86 after attacks on commercial vessels in and around the Strait of Hormuz renewed supply-security concerns, reversing a slide that had pushed prices to two-month lows on growing hopes for a ceasefire in the war with Iran. The rebound underscores how fragile the recent relief rally is, with the key waterway remaining a flashpoint for global oil flows. Traders will watch whether ceasefire talks gain traction or further strikes on shipping keep risk premiums elevated.

Muhabbit's AI wrote this summary in its own words from Ekonomim's report and translated it from Turkish. It can get details wrong, so check the source.

Named in this story

Brent crude (OIL), WTI (OIL), Strait of Hormuz, Iran

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