Oil prices fall over 1% amid Iran-US peace talks
Brent crude fell 1.40% to $111.84 a barrel and US West Texas Intermediate dropped 1.50% to $102.56 on Monday as Iranian and Qatari officials held a third consecutive day of talks aimed at ending the US-Israeli war on Iran. Market analysts attributed the pullback to diplomatic progress hopes and the absence of military escalation over the weekend, though concerns remain that rhetoric could intensify after US midterm elections.
2 November 2026 · Joy Online →