AI Financial Intelligence
Professional analysis of central bank decisions

Markets

News
Forex
Stocks
Crypto
Gold
Commodities
Indices
ETFs

Analysis

Fed
ECB
COT
Economic Calendar

Learn

Service Guide
MCP Server
Oil

Company

About
Contact
Data Methodology
AI Disclosure
Pricing
Enterprise
Terms
Privacy
Security
WhatsApp

Status data is currently unavailable

The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.

We use cookiesPrivacy Policy

Chat with us on WhatsApp

AI Financial Intelligence
Professional analysis of central bank decisions

Markets

News
Forex
Stocks
Crypto
Gold
Commodities
Indices
ETFs

Analysis

Fed
ECB
COT
Economic Calendar

Learn

Service Guide
MCP Server
Oil

Company

About
Contact
Data Methodology
AI Disclosure
Pricing
Enterprise
Terms
Privacy
Security
WhatsApp

Status data is currently unavailable

The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.

BreakingCommodities

Oil Prices Rise as US-Iran Peace Hopes Fade Amid Hormuz Attacks

First Detected: Nov 11, 2026, 5:46 AM

Last Update: 11 minutes ago

1 update

Event Summary

Oil prices rose on November 11 as traders became less optimistic about a US-Iran peace deal, reversing a downward trend. A record 37 vessels were targeted in the Strait of Hormuz during October. Brent reached $92.43 per barrel, while West Texas Intermediate rose to $86.62, both up from the beginning of the week.

Timeline

Latest developmentabout 18 hours ago

Oil Prices Jump 2% as Iran Nuclear Tensions Escalate

Crude prices climbed after an Iranian official asserted the country will retain enriched nuclear material, reigniting geopolitical supply concerns.

Read the full story

Key facts

Crude oil prices rose as traders grew less optimistic about a peace deal between the United States and Iran.
A record 37 vessels were attacked in the Strait of Hormuz during the month of October.
Brent crude was trading at $92.43 per barrel, with West Texas Intermediate at $86.62 per barrel.
Oil prices reversed their downward trend and began rising as optimism regarding a US-Iran peace deal faded.
A record number of tanker attacks in the Strait of Hormuz were reported in October, with as many as 37 vessels targeted.
Brent crude reached $92.43 and WTI reached $86.62, marking an increase from the beginning of the week.

Price Impact

Since event start

CLUSD-0.36%

BZUSD+0.02%