# Oil prices fall on hopes of a breakthrough to end Iran war

https://mins.news/en/item/125863

- The Guardian, 2026-11-02 17:14 UTC
- Economy
- Original: https://www.theguardian.com/business/2026/nov/02/oil-price-falls-amid-hope-of-a-breakthrough-to-end-iran-war

> Brent crude fell more than 6.5% on Monday to as low as $105.55 a barrel, its lowest in over two weeks, after Iran said contacts with the US to end their war were continuing. The decline lifted airline shares and lowered government borrowing costs.

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