Oil falls more than 6% amid Iran diplomacy: Brent drops to about $110
On the morning of October 26, Brent fell from its highest level since March 19, around $117.4, to about $110 per barrel, and WTI to $101.5. The decline followed reports of Qatari mediators visiting Tehran and Donald Trump's statement about a possible deal with Iran. Meanwhile, the Houthis claimed new strikes on Saudi Arabian facilities, and risks to supplies remain.
Otabek Yusupov








