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Oil Prices Dip 1% as U.S.-Iran Diplomacy Plans Emerge

Asian Trade – (Special Correspondent/Web Desk) – Oil prices slipped in Asian trade on Thursday as new U.S.-Iran diplomacy plans caught the eye of traders. A report said Washington wants more talks to end the long conflict. The drop ended a short rebound. Crude had bounced from near two-month lows in the last session. Brent […]
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Brent crude futures fell 1.2%. International oil prices fell in Asian markets on Thursday after reports that the United States was considering resuming talks with Iran to end the protracted conflict. The diplomatic developments halted a temporary recovery in prices, which had recovered from two-month lows despite continued tension in the Middle East. Brent crude futures fell 1.2% to $91.63 a barrel, while U.S. crude fell 1.1% to $85.55.

Oil prices in the world market are falling on November 12. Expectations that tensions between the US and Iran will decrease, as well as progress in negotiations on the Russia-Ukraine war, are putting pressure on prices. Banker.az reports that at 08:26 Baku time, January futures for Brent crude oil fell by 1.58% to $91.29 per barrel. US WTI crude oil […]

After the opening of trading, world prices for Brent crude oil fall by more than 1% to $91.56 per barrel, according to trading data | 12.11.2026, PRIME

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1prime.ru broke the news on Thursday, November 12, 2026.
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