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Oil Prices Slide More than 3% as Trump Signals More Time for Iran Diplomacy

Summary by The National
Both benchmarks slide more than 3 per cent on Monday morning

9 Articles

Lean Right

Prices have fallen following reports that Trump wants to continue diplomatic efforts and postpone the decision on further attacks on Iran.

·Kyiv, Ukraine
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Oil prices fell more than three percent on Monday morning after new diplomatic talks on Iran, even though OPEC+ has decided to keep production targets unchanged. At the same time, technology markets are trying to recover from Friday's sharp stock market decline. Fresh figures from China and South Korea show big differences in the Asian economy, while investors prepare for the US midterm elections and […] The post The latest economic news: Oil pr…

Brent crude oil price falls by more than 3%

Oil prices, which had been at high levels for weeks, declined following developments in the Middle East. In the first trading sessions of the week, oil prices fell by approximately 3 percent, dropping to around $110.

Oil prices fell after reports that US President Donald Trump wanted to give diplomacy more time with Iran.

·Beyoğlu, Türkiye
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bloomberght.com broke the news on Monday, November 2, 2026.
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