# Oil falls as reports say U.S. and Iran are both pursuing diplomacy

https://mins.news/en/item/124957

- CNBC, 2026-11-02 05:04 UTC
- Economy
- Original: https://www.cnbc.com/2026/11/02/oil-prices-fall-as-iran-us-pursue-diplomacy.html

> Oil prices declined Monday amid reports that both the U.S. and Iran are seeking diplomacy while tensions in the Middle East continue.

## Related coverage

- [Oil prices post biggest drop since July on hopes for more Iran talks](https://mins.news/en/item/126172) — NBC News, 2026-11-02
- [Oil Slips on Report Trump Favors Diplomacy With Iran](https://mins.news/en/item/125052) — Bloomberg News, 2026-11-02
- [New clues emerge on US-Iran diplomacy](https://mins.news/en/video/123218) — BBC News, 2026-10-30
