# Oil prices today: Brent crude, WTI fall as Trump rules out fresh Iran strikes amid Strait of Hormuz concerns

> Oil prices declined on Monday after Trump said he was unlikely to order fresh strikes against Iran while talks continued. Attacks around the Strait of Hormuz maintained concerns about possible supply disruptions, although the article also cited high oil flows from the Middle East as weighing on prices.

- Date: 2026-11-09 · published 2026-11-10T03:08:07.653Z
- Category: geopolitics · region Middle East · magnitude medium
- Page: https://feedsoft.ai/events/90713-oil-prices-today-brent-crude-wti-fall-as-trump-rules-out-fresh-iran-strikes
- Commodities: [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

Lower expectations of further strikes reduce crude's geopolitical risk premium, and strong regional flows add pressure to prices. Shipping attacks keep the potential for supply disruption—and a renewed risk premium—in play.

## Read by commodity

- WTI: bearish ▼
- BRENT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WTI | 2026-03-08 | [Oil prices fall as Trump weighs taking over Strait of Hormuz](https://feedsoft.ai/events/6633-oil-prices-fall-as-trump-weighs-taking-over-strait-of-hormuz.md) | +8.5% | +25.0% |
| 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% |
| WTI | 2026-04-17 | [Oil prices: Oil tumbles more than 10% as Iran declares Strait of Hormuz open](https://feedsoft.ai/events/8808-oil-prices-oil-tumbles-more-than-10-as-iran-declares-strait-of-hormuz-open.md) | +2.3% | +7.9% |
| WTI | 2026-05-05 | [Oil prices fall 4% as fragile US-Iran ceasefire holds, two ships pass through Strait of Hormuz \| Reuters](https://feedsoft.ai/events/9581-oil-prices-fall-4-as-fragile-us-iran-ceasefire-holds-two-ships-pass-through.md) | -7.6% | -11.4% |
| WTI | 2026-04-08 | [Brent crude oil prices drop amid Iran war ceasefire \| Trucking Dive](https://feedsoft.ai/events/10141-brent-crude-oil-prices-drop-amid-iran-war-ceasefire-trucking-dive.md) | -18.9% | -8.3% |
| BRENT | 2026-03-08 | [Oil prices fall as Trump weighs taking over Strait of Hormuz](https://feedsoft.ai/events/6633-oil-prices-fall-as-trump-weighs-taking-over-strait-of-hormuz.md) | +9.5% | +25.6% |
| BRENT | 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) | +15.0% | +1.0% |
| BRENT | 2026-04-17 | [Oil prices: Oil tumbles more than 10% as Iran declares Strait of Hormuz open](https://feedsoft.ai/events/8808-oil-prices-oil-tumbles-more-than-10-as-iran-declares-strait-of-hormuz-open.md) | +1.3% | +0.6% |

## Sources

- daily8.com: https://www.daily8.com/en/article/d8_af47f9d6d24f9ae8b9c68884ddccb6a06e24b26efded6c501877b83e10923957
- hindustantimes.com: https://www.hindustantimes.com/world-news/us-news/oil-prices-today-brent-crude-wti-fall-as-trump-rules-out-fresh-iran-strikes-amid-strait-of-hormuz-concerns-101794225386109.html

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