# Oil falls on open as Trump says fresh Iran attacks 'unlikely' | live

> Brent and WTI fell at Monday's open after President Donald Trump said fresh US attacks on Iran were highly unlikely if negotiations to end the conflict continued. The price decline came even as both countries reported shipping incidents in or near the Strait of Hormuz.

- Date: 2026-11-08 · published 2026-11-09T00:08:31.387Z
- Category: geopolitics · region Middle East · magnitude low
- Page: https://feedsoft.ai/events/88206-oil-falls-on-open-as-trump-says-fresh-iran-attacks-unlikely-live
- Commodities: [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

Reduced expectations of further military escalation lower the risk premium in crude, putting downward pressure on prices. Shipping disruptions near Hormuz remain a countervailing supply risk.

## Read by commodity

- WTI: bearish ▼
- BRENT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WTI | 2020-01-07 | [Oil sinks nearly 5%, under $60 after Trump says Iran is standing down](https://feedsoft.ai/events/9658-oil-sinks-nearly-5-under-60-after-trump-says-iran-is-standing-down.md) | -8.1% | -21.6% |
| WTI | 2026-03-10 | [Oil prices dive as Trump says Iran war will end ‘very soon’ \| CNN Business](https://feedsoft.ai/events/6630-oil-prices-dive-as-trump-says-iran-war-will-end-very-soon-cnn-business.md) | -1.3% | +20.4% |
| WTI | 2020-01-08 | [Oil Prices Drop Sharply as Worry Over Iran Attacks Fades](https://feedsoft.ai/events/9663-oil-prices-drop-sharply-as-worry-over-iran-attacks-fades.md) | -7.0% | -18.9% |
| WTI | 2026-10-29 | [Oil falls as efforts to revive US-Iran talks ease supply concerns](https://feedsoft.ai/events/1443-oil-falls-as-efforts-to-revive-us-iran-talks-ease-supply-concerns.md) | -2.3% | — |
| WTI | 2026-03-25 | [Oil price: WTI, Brent fall as Trump signals Iran talks despite Tehran denial](https://feedsoft.ai/events/8155-oil-price-wti-brent-fall-as-trump-signals-iran-talks-despite-tehran-denial.md) | +10.2% | +1.3% |
| BRENT | 2020-01-07 | [Oil sinks nearly 5%, under $60 after Trump says Iran is standing down](https://feedsoft.ai/events/9658-oil-sinks-nearly-5-under-60-after-trump-says-iran-is-standing-down.md) | -7.8% | -22.1% |
| BRENT | 2026-03-10 | [Oil prices dive as Trump says Iran war will end ‘very soon’ \| CNN Business](https://feedsoft.ai/events/6630-oil-prices-dive-as-trump-says-iran-war-will-end-very-soon-cnn-business.md) | +4.1% | +27.2% |
| BRENT | 2026-10-29 | [Oil falls as efforts to revive US-Iran talks ease supply concerns](https://feedsoft.ai/events/1443-oil-falls-as-efforts-to-revive-us-iran-talks-ease-supply-concerns.md) | -5.4% | — |

## Sources

- live.euronext.com: https://live.euronext.com/en/financial-news/oil-falls-open-trump-says-fresh-iran-attacks-unlikely
- investing.com: https://www.investing.com/news/commodities-news/oil-falls-on-open-as-trump-says-fresh-iran-attacks-unlikely-5010359

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