# Crude cools off: Oil prices hold near $90 per barrel as US-Iran war tensions ease

> Oil traded near $90 a barrel as markets responded to signs that U.S.-Iran tensions could ease. Middle Eastern crude exports had recovered to near pre-war levels, increasing concern about a potential supply glut.

- Date: 2026-11-11 · published 2026-11-11T03:10:02.571Z
- Category: geopolitics · region Middle East · magnitude low
- Page: https://feedsoft.ai/events/92804-crude-cools-off-oil-prices-hold-near-90-per-barrel-as-us-iran-war-tensions-ease
- Commodities: [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

The recovery of regional exports adds supply to the market and raises the risk of surplus, weighing on crude prices if demand does not absorb the additional barrels.

## Read by commodity

- WTI: bearish ▼
- BRENT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| BRENT | 2020-01-08 | [Oil dives as U.S., Iran tensions ease and on U.S. crude build](https://feedsoft.ai/events/9656-oil-dives-as-u-s-iran-tensions-ease-and-on-u-s-crude-build.md) | -5.9% | -21.3% |
| BRENT | 2026-05-06 | [Brent Crude Price: Oil and gas plunge after report US and Iran near deal to end war](https://feedsoft.ai/events/9582-brent-crude-price-oil-and-gas-plunge-after-report-us-and-iran-near-deal-to-end.md) | -2.3% | -11.1% |
| BRENT | 2024-04-18 | [Crude oil prices today: WTI falls below $83 as war fear eases](https://feedsoft.ai/events/30929-crude-oil-prices-today-wti-falls-below-83-as-war-fear-eases.md) | +0.1% | -8.0% |
| BRENT | 2026-03-24 | [Oil prices drop 2% as Iran considers US proposal to end war \| Reuters](https://feedsoft.ai/events/8151-oil-prices-drop-2-as-iran-considers-us-proposal-to-end-war-reuters.md) | +15.1% | +0.4% |
| BRENT | 2026-04-13 | [Oil prices fall as supply concerns ease on hopes for US-Iran talks - CNA](https://feedsoft.ai/events/10085-oil-prices-fall-as-supply-concerns-ease-on-hopes-for-us-iran-talks-cna.md) | -11.3% | -3.8% |
| WTI | 2020-01-08 | [Oil dives as U.S., Iran tensions ease and on U.S. crude build](https://feedsoft.ai/events/9656-oil-dives-as-u-s-iran-tensions-ease-and-on-u-s-crude-build.md) | -7.0% | -18.9% |
| WTI | 2026-05-06 | [Brent Crude Price: Oil and gas plunge after report US and Iran near deal to end war](https://feedsoft.ai/events/9582-brent-crude-price-oil-and-gas-plunge-after-report-us-and-iran-near-deal-to-end.md) | +0.0% | -5.8% |
| WTI | 2024-04-18 | [Crude oil prices today: WTI falls below $83 as war fear eases](https://feedsoft.ai/events/30929-crude-oil-prices-today-wti-falls-below-83-as-war-fear-eases.md) | +0.5% | -4.3% |

## Sources

- timesofindia.indiatimes.com: https://timesofindia.indiatimes.com/business/international-business/crude-cools-off-oil-prices-hold-near-90-per-barrel-as-us-iran-war-tensions-ease/articleshow/135722706.cms

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