# Oil falls on Hormuz deal hopes, but Trump leaves Iran strikes on the table

https://mins.news/en/item/125266

- euronews, 2026-11-02 10:21 UTC
- World
- Original: https://www.euronews.com/2026/11/02/oil-slides-on-hormuz-deal-hopes-but-trump-keeps-iran-strikes-on-the-table

> Oil prices dropped on Monday morning as talks in Qatar renewed hopes of reopening the Strait of Hormuz. US President Donald Trump nevertheless kept the possibility of new strikes open, while Israeli Prime Minister Benjamin Netanyahu reportedly urged him to attack Iran immediately after Tuesday’s midterm elections.

## Related coverage

- [Russia hopes for swift normalization in Strait of Hormuz, diplomat says](https://mins.news/en/item/125431) — TASS, 2026-11-02
- [Hormuz reopening talks advance as Iran warns of wider response if attacked](https://mins.news/en/video/125085) — Bloomberg Television, 2026-11-02
- [Negotiators brace for worst as US-Iran talks on reopening Strait of Hormuz enter third day](https://mins.news/en/item/124592) — The Guardian, 2026-11-01
