Coverage dated November 9, 2026 to November 12, 2026
Oil Prices Rebound as Trump Questions Need for Iran Deal
Headline from Wall Street Journal, on the newest of 3 developments
Oil prices rebounded from initial declines Thursday as investors assessed the prospects for renewed U.S.-Iran negotiations after Trump said Washington no longer needed an agreement with Tehran.
Wall Street Journal's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.
Crude oil prices began the week with a decline, after President Trump signaled he had no immediate plans for further attacks on Iran. The decline comes despite fresh reports of attacks on tankers in the Strait of Hormuz and new strikes by the Yemeni Houthis on Saudi targets.
Trump said in an interview with CNN Sunday that further strikes on Iran were highly unlikely as long as negotiations over Tehran’s nuclear program and the reopening of the Strait of Hormuz made progress.
Brent crude fell 3.6% to $94.00 per barrel on Monday as Qatar’s prime minister headed to the White House with an Iranian proposal for an interim deal to reopen the Strait of Hormuz. WTI dropped 3% to $88.09, and U.S. natural gas rose 0.8% to $3.02/MMBtu as of 7:26 a.m. ET.
Crude oil prices dropped to less than $92 per barrel for Brent and $86 for WTI following reports citing President Trump as not planning to attack Iran “at this point”. At the time of writing, Brent crude was trading at $91.61 per barrel, and West Texas Intermediate was at $85.
European natural gas slipped as US President Donald Trump said further strikes on Iran wouldn’t be necessary, raising hopes he’s willing to wind down the conflict that’s rattled global energy trade.
Brent crude fell below $90 a barrel for the first time since August after US President Donald Trump said further strikes on Iran wouldn’t be necessary.
Brent crude slipped toward $90 a barrel after Trump said further U.S. military strikes on Iran didn’t seem necessary for now, raising hopes of an easing in the Middle East conflict.
FTSE 100 and other markets climb after president downplays prospect of further strikes in Middle East Business live – latest updates Oil prices have fallen to the lowest level since late August while stock markets climbed higher, as markets reacted with relief to Donald Trump saying that the war on …
Brent Crude prices plunged to below $90 per barrel early on Tuesday, falling below that threshold for the first time since August, as U.S. President Donald Trump again signaled potential de-escalation in the Middle East and no need for strikes against Iran.
by Carl Fox at CDN - Oil extended its slide Tuesday, with Brent dropping below $90 a barrel and U.S. crude near $84.74 after President Trump said further strikes on Iran appear unnecessary. Click to read the rest HERE-> Brent Crude Falls Below $90 for First Time Since August as Trump Says Iran War C…
Oil climbed, erasing earlier losses, after President Donald Trump said that the US doesn’t need a deal with Iran, leaving the conflict that has roiled Middle East supplies unresolved.
Oil prices rebounded from initial declines Thursday as investors assessed the prospects for renewed U.S.-Iran negotiations after Trump said Washington no longer needed an agreement with Tehran.
President Donald Trump declared Thursday that the United States no longer needs a deal with Iran, just three days after suggesting the eight-month war was nearing its end. Oil prices promptly jumped, adding another round of volatility to a market that has spent November reacting to shifting expectat…
