MARKETS 2h ago
Oil falls on open as Trump says fresh Iran attacks 'unlikely'
Economic Times Markets
Published 09 Nov 2026, 01:08 am IST
AgenciesBrent was down 64 cents, or 0.64%, to $97.67 a barrel by 1134 GMT while West Texas Intermediate (WTI) fell 35 cents, or 0.40%, to $90.51 a barrel.
Brent briefly fell over $1 a barrel.
"It depends on whether or not they sign a very strong agreement," Trump told CNN in a phone interview. "The answer is, highly unlikely it's going to be necessary."
Trump had hinted at renewing major attacks on Iran after last week's US midterm elections, but there has been no sign of a large-scale US military operation. Iran has said it would respond by striking US and Israeli targets.
Originally reported by Economic Times Markets.Source: economictimes.indiatimes.com
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