Marasi News · Oil & Gas

Oil Prices Drop 7% as Iran, Qatar Open to Peace Talks

Oil prices fell more than 7% on Monday as talks between Iranian and Qatari officials lifted hopes for an end to the US-Israeli war with Iran and stabilization of Middle East crude supply.Iran's president said the supreme

MarineLink·November 2, 2026·2 min
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Oil Prices Drop 7% as Iran, Qatar Open to Peace Talks

Oil prices fell more than 7% on Monday as talks between Iranian and Qatari officials lifted hopes for an end to the US-Israeli war with Iran and stabilization of Middle East crude supply.Iran's president said the supreme leader had granted the government "certain authorities" regarding peace talks.

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