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U.S. Oil Prices Rally as Trump’s Stance on Iran Dims Hopes for a Swift Resolution

Thursday, November 12, 2026 | 23:58

U.S. oil prices rose sharply on Thursday, reversing some of the steep losses suffered earlier in the month, as comments from President Donald Trump stoked fresh worries that a definitive end to the U.S.-Iran conflict was not yet in sight. The rebound followed a turbulent period for energy markets, driven by rapidly shifting diplomatic signals, […]