
Oil Falls Below $112 as Iran Talks Shift the War Premium
Brent fell $1.51 to $111.92 a barrel as Iran peace talks unwind the war premium. The arithmetic says roughly $43 of every barrel is still fear.
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Brent fell $1.51 to $111.92 a barrel as Iran peace talks unwind the war premium. The arithmetic says roughly $43 of every barrel is still fear.

Gold should have thrived on war, falling yields and a softer dollar this week. Instead, the gold price fell below $4,000 and closed its worst October since 2008.

WTI crude ended October 2026 at $102.95 with Brent near $113.10 as the Iran war premium hardened — and the bill is arriving at the pump.

Saudi Arabia's oil production jumped by over 2 million barrels per day in September, pushing OPEC+ output higher despite geopolitical disruptions.

Oil-rich nations are increasingly diversifying their economies by investing abroad, seeking stability as global energy demand faces an uncertain future.