Oil prices rebound as Hormuz attacks fuel supply concerns
Oil prices rose on Wednesday after falling to two-month lows in the previous session, as the market swung between hopes for a de-escalation in the Iran war and concerns about ongoing attacks on shipping in the Strait of Hormuz. Brent futures climbed 71 cents, or 0.78%, to $92.20 a barrel. US West Texas Intermediate (WTI) crude rose 49 cents, or 0.57%, to $86.53. New data showed that 37 ships were attacked in the Strait of Hormuz and surrounding waterways in October, the…