Loading…
World oil prices fell more than $7 a barrel on November 9 to their lowest level since late August after Donald Trump signaled fewer airstrikes against Iran. Both Brent and WTI were on track to end the week about 2% lower, with tanker disruption in the Strait of Hormuz continuing without a diplomatic breakthrough.
Easing Middle East supply risk pushes crude lower, which reduces energy and freight costs for feed manufacturers. Analysts say ongoing Hormuz incidents are not large enough to add a new risk premium.
vietnam.vnBáo Quân đội Nhân dânNov 14, 2026After 259 past bearish geopolitics events, Crude Oil (Brent) moved a median -3.1% over 5 sessions (35% higher; middle half -7.6% to +1.5%), and -5.5% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
