First Squawk(@FirstSquawk):OIL PRICES FELL AS RENEWED US-IRAN DIPLOMATIC CONTACTS EASED FEARS OF FURTHER MILITARY ESCALATION. BRENT DECEMBER FUTURES DROPPED 0.4% TO $114.88, WHILE WTI DECLINED 0.8% TO $102 A BARREL. TEHRAN SIGNALLED OPENNESS TO DIPLOMACY, THOUGH UNCERTAINTY REMAINS OVER POTENTIAL US AND ISRAELI MILITARY ACTION AFTER THE NOVEMBER 3 US MIDTERM ELECTIONS.

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2026.10.29 23:21

OIL PRICES FELL AS RENEWED US-IRAN DIPLOMATIC CONTACTS EASED FEARS OF FURTHER MILITARY ESCALATION. BRENT DECEMBER FUTURES DROPPED 0.4% TO $114.88, WHILE WTI DECLINED 0.8% TO $102 A BARREL. TEHRAN SIGNALLED OPENNESS TO DIPLOMACY, THOUGH UNCERTAINTY REMAINS OVER POTENTIAL US AND ISRAELI MILITARY ACTION AFTER THE NOVEMBER 3 US MIDTERM ELECTIONS.

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