Oil Reverses Thursday's Drop as Renewed U.S. Strike Fears Return

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