Oil rises after US launches fresh strikes on Iran
A pumpjack, used to help lift oil from a well, in the Permian basin near Midland, Texas, U.S., October 8, 2025 PHOTO: REUTERS Oil prices rose more than 1% on Thursday after the US carried out fresh strikes on Iran, denting hopes for talks to end their war and for the full reopening of the Strait of Hormuz,…