https://www.live-feeds.com/feed/oil-steadies-after-trump-signals-restraint-on-iran-hormuz-risks-persistContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/oil-steadies-after-trump-signals-restraint-on-iran-hormuz-risks-persisthttps://www.live-feeds.com/feed/oil-steadies-after-trump-signals-restraint-on-iran-hormuz-risks-persist#u195845Thu, 12 Nov 2026 03:37:07 +0000Brent crude steadied near $97.48 a barrel and West Texas Intermediate held around $90.51 a barrel on Monday after President Donald Trump said he was highly unlikely to order new strikes on Iran while talks to end the conflict progress. Prices had earlier tumbled more than $7 a barrel to their lowest since late August. Both the United States and Iran continue to report attacks on ships in or near the Strait of Hormuz, keeping supply concerns alive despite the diplomatic signal.Why it mattersTrump's restraint comment reversed a sharp sell-off triggered by fears of escalating U.S.-Iran milit