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Oil falls as Trump comments on Iran talks ease supply concerns

Global Published 9 October 2026, 07:36 · archived 9 Oct 2026

Oil prices fell on Friday as Middle East supply concerns eased somewhat after US President Donald Trump said the country will not attack Iran ​before US elections next month amid productive talks to end their ‌war that has disrupted the market. Brent crude futures fell 72 cents, or 0.7%, to $103.53 a barrel by 0220 GMT. US West Texas Intermediate (WTI) crude futures fell 52 cents, or 0.6%, ​to $90.97. Still, Brent prices are set for weekly gains after settling 4% ​higher on Thursday because of an increase in attacks on shipping ⁠carrying crude out of the Middle East earlier this week. WTI is s...

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