# Crude oil futures fall amid reports of planned US-Iran talks

> Crude futures traded lower on Thursday morning after a Wall Street Journal report that US Vice President JD Vance was considering direct talks with an Iranian representative to end the West Asia war. Brent was at $91.29, down 1.58%, and December WTI at $85.30, down 1.42%.

- Date: 2026-11-12 · published 2026-11-12T06:09:44.302Z
- Category: geopolitics · region Global · magnitude low
- Page: https://feedsoft.ai/events/94985-crude-oil-futures-fall-amid-reports-of-planned-us-iran-talks
- Commodities: [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

Expectations of easing Middle East tensions reduce the geopolitical risk premium in crude, which lowers energy and transport costs for feed supply chains.

## Read by commodity

- WTI: bearish ▼
- BRENT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WTI | 2026-10-29 | [Crude oil futures fall as US seeks to revive Iran peace talks - The HinduBusinessLine](https://feedsoft.ai/events/255-crude-oil-futures-fall-as-us-seeks-to-revive-iran-peace-talks-the.md) | -2.3% | — |
| 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 | 2026-05-01 | [US Soybean Oil Futures Sink 5% on Iran Ceasefire Plan](https://feedsoft.ai/events/19807-us-soybean-oil-futures-sink-5-on-iran-ceasefire-plan.md) | -9.6% | -16.3% |
| WTI | 2026-05-21 | [Oil falls with US-Iran peace talks in focus](https://feedsoft.ai/events/12489-oil-falls-with-us-iran-peace-talks-in-focus.md) | -9.1% | -21.3% |
| WTI | 2026-03-27 | [Crude oil futures decline as US extends Iran peace deal deadline - The HinduBusinessLine](https://feedsoft.ai/events/20283-crude-oil-futures-decline-as-us-extends-iran-peace-deal-deadline-the.md) | +17.8% | +1.5% |
| BRENT | 2026-10-29 | [Crude oil futures fall as US seeks to revive Iran peace talks - The HinduBusinessLine](https://feedsoft.ai/events/255-crude-oil-futures-fall-as-us-seeks-to-revive-iran-peace-talks-the.md) | -5.4% | — |
| 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% | — |
| BRENT | 2026-05-01 | [US Soybean Oil Futures Sink 5% on Iran Ceasefire Plan](https://feedsoft.ai/events/19807-us-soybean-oil-futures-sink-5-on-iran-ceasefire-plan.md) | -15.2% | -22.3% |

## Sources

- thehindubusinessline.com: https://www.thehindubusinessline.com/markets/commodities/crude-oil-futures-fall-amid-reports-of-planned-us-iran-talks/article71692281.ece

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