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Brent rose 0.49% to $93.21 and WTI gained 0.31% to $86.80 after both contracts fell more than $1 in early Asian trading. Persistent Middle East tensions and stalled US-Iran talks offset rising regional crude output.
Iran said it would not let enriched nuclear material leave the country.
Returning Middle East supply is pressuring crude, but ongoing Strait of Hormuz risk is limiting downside. Energy costs feed into feed and fertilizer prices, so the direction for those inputs stays uncertain.
live.euronext.comNov 12, 2026
cnbc.comReutersNov 12, 2026Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
