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Oil slides again: How Iran peace hopes outweigh supply fears, affect oil markets

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Gulf News
“Oil slides again: How Iran peace hopes outweigh supply fears, affect oil markets”

Oil prices are sliding as traders bet that diplomacy could ease the US-Israel-Iran conflict and restore disrupted Gulf supplies, even while attacks and unresolved negotiations keep markets vulnerable to reversals. The supplied screenshot shows West Texas Intermediate (WTI) crud oil forward contracts at $95.60 a barrel, down 0.89%. Brent crude is at $103.00, down 1.68%; and Murban at $102.20, down 2.98%, per OilPrice.com as of 8.09am in Tokyo on Wednesday (Nov. 4, 2026). Get it: Fast, verified…

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