{"id":442134,"date":"2026-11-13T03:40:13","date_gmt":"2026-11-12T20:40:13","guid":{"rendered":"https:\/\/www.swingfish.trade\/blog\/market-news\/oil-prices-rise-after-iran-reports-strikes-442134\/"},"modified":"2026-11-13T03:40:13","modified_gmt":"2026-11-12T20:40:13","slug":"oil-prices-rise-after-iran-reports-strikes","status":"publish","type":"post","link":"https:\/\/www.swingfish.trade\/blog\/market-news\/oil-prices-rise-after-iran-reports-strikes-442134\/","title":{"rendered":"Oil prices rise after Iran reports strikes"},"content":{"rendered":"<div>\n<p>Iran\u2019s state IRNA news agency reports:<\/p>\n<p> \u201cOfficial sources have confirmed that Sirik in Hormozgan Province has been targeted minutes ago by the enemy\u201d.<\/p>\n<p> There were reports earlier of explosions being heard in Sirik and it was confirmed. Importantly,\u00a0the confirmation suggests that state media might be looking to highlight the attack, perhaps in preparation for\u00a0returning\u00a0to war.<\/p>\n<p>That fits with a recent\u00a0video highlighting a rebuilt (or hidden) underground missile city.<\/p>\n<p>. <\/p>\n<p>Iran may have concluded that it won&#8217;t be able to get an acceptable deal and that further fighting is inevitable. The US is also sailing a third aircraft\u00a0carrier to the region with talk of potential strikes in the next week and around the Nov 24 full moon.<\/p>\n<p>The oil market took notice today with\u00a0WTI up $2.27 to $88.78 per barrel. That&#8217;s a notable bounce after the fast\u00a0drop to $112 on November\u00a02.<\/p>\n<p>Trump also\u00a0stamped out any talk of JD Vance negotiating\u00a0directly with Iran today when he wrote:<\/p>\n<blockquote><p>I have asked Vice President Vance to focus his complete and total attention on the Massive Corruption and Crime taking place in Democrat run Cities and States throughout the U.S. The Blue States, such as Minnesota, California, Illinois, and many more, are all poorly run, corrupt disasters. Billions of Dollars is being stolen each and every month. Our Budget could be quickly BALANCED with the correction of this large scale criminal activity. CORRUPTION is in the Democrat Leadership\u2019s blood! We don\u2019t need a deal with Iran. Those days have long since passed. We\u2019ve got their money, Hundreds of Billions of Dollars, and we\u2019ve got their Strait! Thank you for your attention to this matter. President DJT<\/p><\/blockquote>\n<p>I fear this is all headed in the wrong direction, unless you&#8217;re an oil bull.<\/p>\n<\/p>\n<\/p>\n<p>                            This article was written by Adam Button at investinglive.com.<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Iran\u2019s state IRNA news agency reports: \u201cOfficial sources have confirmed that Sirik in Hormozgan Province has been targeted minutes ago by the enemy\u201d. There were reports earlier of explosions being heard in&hellip;<\/p>\n","protected":false},"author":216,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[86],"tags":[],"class_list":["post-442134","post","type-post","status-publish","format-standard","hentry","category-market-news"],"_links":{"self":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/442134","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/users\/216"}],"replies":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/comments?post=442134"}],"version-history":[{"count":0,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/442134\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/media?parent=442134"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/categories?post=442134"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/tags?post=442134"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}