# Oil prices rebound after brief dip below $90 as US-Iran war uncertainty, Hormuz attacks continue; Brent over $92, WTI near $87

> Brent and WTI prices rebounded after falling to two-month lows as traders weighed prospects for US-Iran de-escalation against continued attacks on shipping near the Strait of Hormuz. Thirty-seven ships were attacked in the area in October, the highest monthly total since the war began, and 10 more attacks had been recorded in November.

- Date: 2026-11-11 · published 2026-11-11T12:11:09.273Z
- Category: geopolitics · region Middle East · magnitude medium
- Page: https://feedsoft.ai/events/93417-oil-prices-rebound-after-brief-dip-below-90-as-us-iran-war-uncertainty-hormuz
- Commodities: [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Persistent attacks threaten oil flows through a critical shipping route, supporting crude prices and potentially raising energy and transport costs for feed supply chains.

## Read by commodity

- WTI: bullish ▲
- BRENT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| BRENT | 2026-08-31 | [Brent nears $90 after US-Iran strikes: Why is crude oil price rising?](https://feedsoft.ai/events/18055-brent-nears-90-after-us-iran-strikes-why-is-crude-oil-price-rising.md) | +10.8% | +22.9% |
| BRENT | 2026-04-02 | [Near-term oil prices hit record premium over later deliveries after Trump vows more attacks on Iran \| Reuters](https://feedsoft.ai/events/12725-near-term-oil-prices-hit-record-premium-over-later-deliveries-after-trump-vows.md) | -2.8% | +8.2% |
| BRENT | 2024-04-12 | [Crude oil prices today: WTI, Brent rise as Israel braces for Iran attack](https://feedsoft.ai/events/30930-crude-oil-prices-today-wti-brent-rise-as-israel-braces-for-iran-attack.md) | -3.2% | -7.8% |
| BRENT | 2025-06-19 | [Oil prices up nearly 3% as Israel-Iran conflict escalates, US response remains uncertain](https://feedsoft.ai/events/10996-oil-prices-up-nearly-3-as-israel-iran-conflict-escalates-us-response-remains.md) | -12.2% | -10.9% |
| BRENT | 2026-04-18 | [As oil prices plunge below $91 after weeks, a new Hormuz crisis emerges \| Oil and Gas News \| Al Jazeera](https://feedsoft.ai/events/8811-as-oil-prices-plunge-below-91-after-weeks-a-new-hormuz-crisis-emerges-oil-and.md) | +15.0% | +18.2% |
| WTI | 2026-08-31 | [Brent nears $90 after US-Iran strikes: Why is crude oil price rising?](https://feedsoft.ai/events/18055-brent-nears-90-after-us-iran-strikes-why-is-crude-oil-price-rising.md) | +9.6% | +4.0% |
| WTI | 2026-04-02 | [Near-term oil prices hit record premium over later deliveries after Trump vows more attacks on Iran \| Reuters](https://feedsoft.ai/events/12725-near-term-oil-prices-hit-record-premium-over-later-deliveries-after-trump-vows.md) | -2.2% | +6.1% |
| WTI | 2024-04-12 | [Crude oil prices today: WTI, Brent rise as Israel braces for Iran attack](https://feedsoft.ai/events/30930-crude-oil-prices-today-wti-brent-rise-as-israel-braces-for-iran-attack.md) | -2.7% | -6.1% |

## Sources

- moneycontrol.com: https://www.moneycontrol.com/news/business/markets/oil-prices-rebound-after-brief-dip-below-90-as-us-iran-war-uncertainty-hormuz-attacks-continue-brent-over-92-wti-near-87-14076819.html

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