# Oil gains after early drop as geopolitical risks support market | live

> 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.

- Date: 2026-11-12 · published 2026-11-12T09:10:09.218Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/95270-oil-gains-after-early-drop-as-geopolitical-risks-support-market-live
- Commodities: [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

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.

## Read by commodity

- WTI: bullish ▲
- BRENT: bullish ▲

## Sources

- live.euronext.com: https://live.euronext.com/en/financial-news/oil-gains-after-early-drop-geopolitical-risks-support-market
- cnbc.com: https://www.cnbc.com/2026/11/12/oil-prices-gains-geopolitics.html

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