
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.
Amara Okafor8 min read
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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.

Headline PCE inflation held at 3.6% in September 2026 while the Fed stayed on hold — and two dissents have put a December hike back on the table.

OPEC+ maintains November production quotas despite output lagging pre-war levels by 5 million bpd, with elevated prices reflecting a persistent war-risk premium.