https://www.live-feeds.com/feed/oil-falls-on-open-as-trump-says-fresh-iran-attacks-unlikelyContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/oil-falls-on-open-as-trump-says-fresh-iran-attacks-unlikelyhttps://www.live-feeds.com/feed/oil-falls-on-open-as-trump-says-fresh-iran-attacks-unlikely#u195333Thu, 12 Nov 2026 00:16:40 +0000Brent crude fell 84 cents to $97.48 a barrel and WTI slipped 32 cents to $90.51 at Monday's open after President Trump said he was highly unlikely to order fresh strikes on Iran while talks to end the conflict progress. The decline extended a weekly rout that became the largest since 2020, driven by hedge funds unwinding bullish positions ahead of the U.S. midterm elections. Markets are balancing Trump's de-escalation signals against continued reports of attacks on shipping in the Strait of Hormuz.Why it mattersOil has swung violently on headlines about the U.S.-Iran conflict, with p