Oil Prices Fall on Hopes for Peace Between U.S. and Iran

NYT Politics•Mon, Nov 9, 2026, 03:43 PM•2 min read

The global benchmark price is now down roughly $20 a barrel since late October, when it traded for around $113.

Source: [NYT Politics](https://www.nytimes.com/2026/11/09/business/energy-environment/oil-price-iran-trump-war.html)

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