https://www.live-feeds.com/feed/brent-crashes-7-on-iran-peace-hopes-despite-fresh-saudi-pipeline-attackContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/brent-crashes-7-on-iran-peace-hopes-despite-fresh-saudi-pipeline-attackhttps://www.live-feeds.com/feed/brent-crashes-7-on-iran-peace-hopes-despite-fresh-saudi-pipeline-attack#u198602Fri, 13 Nov 2026 10:50:22 +0000Brent crude prices dropped sharply, falling 7 percent below $90 a barrel to a 10-week low not seen since August. The steep market decline follows statements from Donald Trump signaling restraint and stating that military strikes against Iran are highly unlikely because the conflict is effectively over. This selloff occurred despite fresh shipping and pipeline attacks in Saudi Arabia. Investors reacted swiftly to the easing of United States-Iran conflict risks, sending energy markets tumbling even as physical infrastructure threats persisted in the Middle East.Why it mattersThe sharp drop in oi