https://www.live-feeds.com/feed/the-iran-war-isn-t-over-but-oil-traders-are-already-pricing-in-peaceContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/the-iran-war-isn-t-over-but-oil-traders-are-already-pricing-in-peacehttps://www.live-feeds.com/feed/the-iran-war-isn-t-over-but-oil-traders-are-already-pricing-in-peace#u193611Wed, 11 Nov 2026 09:47:11 +0000Global oil prices dropped 15% this week, with ICE Brent sliding to $99 per barrel and pushing values below $100. The sharp drop stems from growing market expectations of a United States-Iran peace deal and diplomatic progress. This shift occurred as investors weighed renewed conflict risks following the midterm elections. Despite the massive sell-off and bearish sentiment among traders, ongoing attacks continue in the Strait of Hormuz, and Middle East supply concerns still provide a price floor.Why it mattersThe steep market decline reflects shifting economic bets as hedge funds pull back from