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By Rodrigo Santos Andrade
Oil prices rise after US Navy shoots down Iranian drone
visibility comment0 event February 3, 2026 timer 19:49
CommSec’s Ryan Felsman has commented on oil prices rising after the US Navy shot down an Iranian drone aimed at an aircraft carrier.
“We saw a rotation out of tech shares into energy shares last night which were up 3.3 per cent,” Mr Felsman told Sky News Australia.
“We saw the US oil NYMEX price lift by 1.7 per cent to $US63.21 a barrel – that’s after the US Navy shot down a drone from Iran which was aimed at an aircraft carrier last night.”
Presented by CommSec.
Tags: Australian News, Breaking News Australia, Sky News Australia
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