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Oil price falls amid hope of a breakthrough to end Iran war

Published November 2, 2026 12:14 pm • Updated November 2, 2026 12:14 pm •
Oil price falls amid hope of a breakthrough to end Iran war
Photo via The Guardian World

Brent crude drops by more than 6% to $105.55 a barrel, the lowest level in more than two weeksThe oil price has fallen to its lowest level in more two weeks amid new hopes of a breakthrough to end the Iran war.Brent crude, the international benchmark, dropped by more than 6.5% to as low as $105.55 a barrel on Monday, the lowest since 16 October,…

Brent crude drops by more than 6% to $105.55 a barrel, the lowest level in more than two weeksThe oil price has fallen to its lowest level in more two weeks amid new hopes of a breakthrough to end the Iran war.Brent crude, the international benchmark, dropped by more than 6.5% to as low as $105.55 a barrel on Monday, the lowest since 16 October,…

Source: The Guardian World — Original report ↗

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Original source: The Guardian World ↗