Bank Of Baku

Oil prices fall more than 1% as talks to end war on Iran continue

Oil prices fall more than 1% as talks to end war on Iran continue
# 02 November 2026 04:26 (UTC +04:00)

Oil prices have fallen more than 1 percent in early trading in Asia, as Iranian and Qatari officials held a third consecutive day of talks aimed at reaching an agreement to end the US-Israeli war on Iran, Al Jazeera reports.

Brent crude futures fell $1.51, or 1.33 percent, to $111.92 a barrel, according to the Reuters news agency.

US West Texas Intermediate (WTI) crude dropped $1.78, or 1.71 percent, to $102.34 a barrel.

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