https://www.live-feeds.com/feed/oil-prices-no-longer-follow-headlinesContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/oil-prices-no-longer-follow-headlineshttps://www.live-feeds.com/feed/oil-prices-no-longer-follow-headlines#u175714Thu, 05 Nov 2026 00:10:28 +0000Crude oil prices have declined as reports emerge of diplomatic efforts between the United States and Iran to end the war. Prices fell more than 1% according to Reuters and more than 3% according to the Wall Street Journal as these talks eased supply fears. This downturn occurred despite a sharp escalation of Iranian attacks in the Strait of Hormuz, where tankers continue to flow. Analysts suggest oil is unlikely to drop below $100 without a credible peace deal, especially with potential hostilities looming after the November 3 midterms.Why it mattersThe Strait of Hormuz remains a critical chok