EnergyEnergy: changes to oil or gas supply can affect Gulf export revenue and Kuwait fuel costs.
Oil Prices Fall as Trump Signals No New Attacks on Iran
In simple terms
Crude oil prices began the week with a decline, after President Trump signaled he had no immediate plans for further attacks on Iran. The decline comes despite new reports of attacks on tankers in the Strait of Hormuz and new strikes by the Yemeni Houthis on Saudi targets.
Earlier coverage
Earlier coverage on GreyNews
- Iraq’s 5 Million Bpd Oil Claim Complicates Its OPEC Quota PushNov 9, 2026 · OilPrice
- Latest Oil Market News and Analysis for Nov. 9Nov 8, 2026 · Bloomberg
- Iraq Has Reached Understandings With US To Allow Oil Exports Through HormuzNov 8, 2026 · gCaptain
- Oil Traders In Talks With US To Get Sanctioned Ships Back To SeaNov 8, 2026 · gCaptain
- Egypt Eyes Billions in New Investment to Revive Oil and Gas ProductionNov 7, 2026 · OilPrice
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