Oil Reverses Thursday's Drop as Fears of Renewed U.S. Strikes on Iran Return

U.S. crude (WTI) rose 0.8% in early Asian trading on Oct. 30, 2026, reversing Thursday's decline as fears of renewed U.S. strikes on Iran returned. Thursday's fall had come on hopes for U.S.-Iran peace talks. Two headlines pointing in opposite directions are moving prices within hours, so one session says little about the trend.