# Oil rises as investors weigh uncertainties around Iran war - CNA

> Brent crude edged up about 1.6% to $96.15 a barrel and WTI rose 0.6% to $88.64 on Thursday. The move followed an 8%-plus selloff in the previous session, when both benchmarks hit their lowest since August 31. Traders are weighing the Iran war's future after Republicans' heavy midterm losses.

- Date: 2026-11-05 · published 2026-11-05T12:07:16.826Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/81602-oil-rises-as-investors-weigh-uncertainties-around-iran-war-cna
- Commodities: [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

Oil remains highly sensitive to whether US-Iran diplomacy progresses, and the market still prices in a risk of renewed escalation before Congress changes hands in January. This keeps energy costs elevated for feed producers, including fuel, transport and fertiliser inputs.

## Read by commodity

- WTI: bullish ▲
- BRENT: bullish ▲

## Sources

- live.euronext.com: https://live.euronext.com/en/financial-news/oil-rises-investors-weigh-uncertainties-around-iran-war
- channelnewsasia.com: https://www.channelnewsasia.com/business/oil-rises-investors-weigh-uncertainties-around-iran-war-6526116

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.