# Oil prices rise as hopes for US-Iran negotiations fade; Brent crude up 1.4%

> Brent crude rose 1.39% to $92.76 a barrel and WTI rose 0.57% to $86.53 after Iran's security official said enriched nuclear material would stay in Iran. Expectations for a US-Iran end-of-war deal weakened.

- Date: 2026-11-11 · published 2026-11-12T00:11:18.762Z
- Category: geopolitics · region Global · magnitude medium
- Page: https://feedsoft.ai/events/94379-oil-prices-rise-as-hopes-for-us-iran-negotiations-fade-brent-crude-up-1-4
- Commodities: [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Fading peace prospects add a geopolitical premium to crude, which raises diesel and energy costs for feed production and can lift vegetable oil and ethanol prices.

## Read by commodity

- WTI: bullish ▲
- BRENT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| BRENT | 2024-04-12 | [Crude oil prices today: WTI, Brent rise as Israel braces for Iran attack](https://feedsoft.ai/events/30930-crude-oil-prices-today-wti-brent-rise-as-israel-braces-for-iran-attack.md) | -3.2% | -7.8% |
| BRENT | 2026-08-31 | [Brent nears $90 after US-Iran strikes: Why is crude oil price rising?](https://feedsoft.ai/events/18055-brent-nears-90-after-us-iran-strikes-why-is-crude-oil-price-rising.md) | +10.8% | +22.9% |
| BRENT | 2018-09-14 | [Oil prices rise ahead of deadline for US sanctions on Iran \| The National](https://feedsoft.ai/events/63206-oil-prices-rise-ahead-of-deadline-for-us-sanctions-on-iran-the-national.md) | +1.2% | +3.7% |
| BRENT | 2026-10-01 | [Brent crude oil surges past $102 amid Hormuz tensions, US-Iran conflict](https://feedsoft.ai/events/9323-brent-crude-oil-surges-past-102-amid-hormuz-tensions-us-iran-conflict.md) | +2.6% | +8.8% |
| BRENT | 2022-01-25 | [Oil Prices for Jan. 26, 2022: Brent Crude, WTI - Bloomberg](https://feedsoft.ai/events/43302-oil-prices-for-jan-26-2022-brent-crude-wti-bloomberg.md) | +5.5% | +10.6% |
| WTI | 2024-04-12 | [Crude oil prices today: WTI, Brent rise as Israel braces for Iran attack](https://feedsoft.ai/events/30930-crude-oil-prices-today-wti-brent-rise-as-israel-braces-for-iran-attack.md) | -2.7% | -6.1% |
| WTI | 2026-08-31 | [Brent nears $90 after US-Iran strikes: Why is crude oil price rising?](https://feedsoft.ai/events/18055-brent-nears-90-after-us-iran-strikes-why-is-crude-oil-price-rising.md) | +9.6% | +4.0% |
| WTI | 2018-09-14 | [Oil prices rise ahead of deadline for US sanctions on Iran \| The National](https://feedsoft.ai/events/63206-oil-prices-rise-ahead-of-deadline-for-us-sanctions-on-iran-the-national.md) | +3.2% | +3.5% |

## Sources

- biz.heraldcorp.com: https://biz.heraldcorp.com/article/10934305

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