American aircraft struck the Iranian island of Qeshm overnight from November 2 to 3, hours after Donald Trump claimed that the United States had not been fighting Iran for several months. Brent fell 7.63% to $104.77 per barrel, while WTI dropped 7.36% to $96.46 and gold gained nearly 2% to around $3,950 an ounce. Bitcoin remained near $77,000, with a session variation below 1.5%, as Qatari mediators negotiated a seven-stage dialogue plan in Tehran. Oil flows through the Strait of Hormuz remained 18% below their prewar level, and nearly one billion barrels had been withdrawn from global inventories since February 28.
Source: Read the original article


