# Brent Falls to $100 as Traders Bet on a U.S.-Iran Deal | OilPrice.com

> Brent fell about 3% to $100.60 and WTI to $93.23 as traders priced in a US-Iran settlement. Iran reportedly said Hormuz could reopen within two days if demands were met. Trump said there were no immediate plans to strike Iran.

- Date: 2026-11-04 · published 2026-11-04T18:07:58.445Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/80056-brent-falls-to-100-as-traders-bet-on-a-u-s-iran-deal-oilprice-com
- Commodities: [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md)

## Why it matters

A possible Hormuz reopening would ease crude and diesel costs, though analysts note the market still has a surplus and supply risks remain.

## Read by commodity

- WTI: bearish ▼
- BRENT: bearish ▼
- DIESEL: bearish ▼

## Sources

- oilprice.com: https://oilprice.com/Latest-Energy-News/World-News/Brent-Falls-to-100-as-Traders-Bet-on-a-US-Iran-Deal.html

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