https://www.live-feeds.com/feed/oil-prices-fall-as-peace-hopes-offset-fears-of-growing-middle-east-conflictContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/oil-prices-fall-as-peace-hopes-offset-fears-of-growing-middle-east-conflicthttps://www.live-feeds.com/feed/oil-prices-fall-as-peace-hopes-offset-fears-of-growing-middle-east-conflict#u171591Tue, 03 Nov 2026 09:11:26 +0000Crude oil prices declined during a choppy trading session as diplomatic optimism countered worries about regional supply disruptions in the Middle East. Brent crude futures settled down 44 cents, or 0.38 per cent, to $114.88 a barrel. The drop followed a previous day of gains that had been driven by renewed supply risk concerns following attacks in the region. Traders are actively weighing signs of fresh diplomacy regarding Iran against the backdrop of ongoing conflict escalation, which has created extreme volatility in global energy markets.Why it mattersEnergy markets remain highly sensitive