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The Economic Times

Global Business / The Economic Times

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Oil slips more than 1% as talks continue on ending Iran war

Oil prices witnessed a decline of more than 1% as Iranian and Qatari diplomats engaged in discussions regarding the US-Israeli conflict. Brent crude futures fell to $111.84 per barrel, alongside a drop in US West Texas Intermediate crude. Analysts express optimism about potential advancements in these negotiations, which have eased short-term pricing worries.

2 Nov 2026 7:31 am