# Trump Bombs Iran, Talks Peace, and Sends Oil Prices Tumbling

> Brent slipped below $105 on November 3 after headlines suggested momentum in US-Iran peace talks, though Tehran later dismissed the reports. The Dubai forward curve flattened and Gulf freight rates eased, while global crude on water rose to 1.3 billion barrels.

- Date: 2026-11-03 · published 2026-11-04T03:07:21.577Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/78984-trump-bombs-iran-talks-peace-and-sends-oil-prices-tumbling
- Commodities: [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

A flattening crude curve and falling freight suggest softer Middle East differentials and lower energy costs for feed production. Price direction depends on whether the US-Iran talks progress.

## Read by commodity

- BRENT: bearish ▼

## Sources

- oilprice.com: https://oilprice.com/Energy/Crude-Oil/Trump-Bombs-Iran-Talks-Peace-and-Sends-Oil-Prices-Tumbling.html

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.