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Brent Slips as Iran President Discusses Mediation with Pakistan Army Chief

Brent crude fell 0.76% as traders balanced Iran-Pakistan mediation efforts with continued Houthi attacks and reports of 18 vessel strikes.

Summary by Business Times
This comes amid Houthi attacks on Saudi infrastructure and reports of vessel attacks in the Gulf Read more at The Business Times.

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Crude oil prices fell as the market awaited the outcome of talks to mediate the conflict in the Middle East between the Iranian president and the Pakistani military commander. The oil price analysis unit of Thai Oil Public Company Limited stated that the factors affecting prices are as follows: West Texas Intermediate crude oil prices… (Read original news: Crude oil prices fall as market awaits outcome of Middle East conflict mediation talks)

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The Globe & Mail broke the news in Toronto, Canada on Tuesday, October 20, 2026.
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