Partly shedding the gains from recent sessions, crude oil prices have tumbled on Monday following Iran’s announcement that a delegation from Qatar visited Iran yesterday to discuss de-escalation of regional conflicts. However, prices received support from a CNN report that stated that the U.S. is prepared to launch fresh, big-scale strikes on Iran.
WTI Crude Oil for December delivery was last seen trading down by $1.27 (or 1.27%) at $102.00 per barrel.
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Market Analysis
Crude Oil Slumps Amid Qatar’s Push For Diplomacy In U.S.-Iran Conflict
2026-10-26 18:37:48
