# Oil rebounds from two-month low as Hormuz shipping attacks temper hopes for Iran truce

https://mins.news/en/item/138403

- Reuters, 2026-11-11 04:10 UTC
- Economy
- Original: https://www.reuters.com/business/energy/oil-rises-two-month-low-hormuz-shipping-attacks-offset-iran-truce-hopes-2026-11-11/?link_source=ta_bluesky_link&taid=6af3ea9eabc03400017ca6de

> Oil prices rose on Wednesday after hitting a two-month low in the previous session. Markets weighed hopes for de-escalation in the Iran war against concerns over continuing attacks on shipping in the Strait of Hormuz.

## Related coverage

- [Oil prices rise as investors track shipping disruption in the Strait of Hormuz](https://mins.news/en/item/138796) — euronews, 2026-11-11
- [Oil Extends Drop After Trump Says Further Iran Strikes Aren’t Needed](https://mins.news/en/item/136921) — Bloomberg News, 2026-11-10