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OXY (OXY) — AI News & Analysis

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Oil whipsaws: Nov 3 rebound on US strike on Iran's Qeshm Island after Monday's 7%+ plunge

Tuesday, November 3, 2026 · Mixed

Oil rebounded on November 3 after the US struck Iran's Qeshm Island, a day after both benchmarks plunged more than 7% on hopes that Iranian-Qatari talks could end the eight-month US-Israeli war with Iran.

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