18 Hrs
اقتصاد| الجزيرة نت
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اقتصاد

2026-11-10T06:58:19.000Z

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Oil falls on Trump signal

Oil falls on Trump signal

Oil prices continued to fall on Tuesday after Donald Trump said he had no plans to launch new military action against Iran for now, easing fears of a prolonged disruption to supplies. Brent crude fell 1.63% to $91.05 a barrel, while West Texas Intermediate dropped 1.7% to $85.36, after Brent slid 5.85% in the previous session. Despite continued attacks on ships in the Strait of Hormuz and officials’ doubts that Washington and Tehran would reach an agreement soon, a Reuters poll showed OPEC production rising in October, supported by Saudi Arabia, Kuwait and Iraq.

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