Feed
EnergyEnergy: changes to oil or gas supply can affect Gulf export revenue and Kuwait fuel costs.

Oil edges lower as Trump plays down prospect of new US attacks on Iran

The National •
Energy · Channel artwork

In simple terms

Oil fell on Monday after US President Donald Trump played down the prospect of new strikes on Iran, while supply disruption in the Strait of Hormuz remains in focus as attacks on ships continue.

Earlier coverage

Earlier coverage on GreyNews

  1. Iraq Strikes U.S. Deal to Boost Oil Exports Through HormuzNov 9, 2026 · OilPrice
  2. Oil Prices Fall as Trump Signals No New Attacks on IranNov 9, 2026 · OilPrice
  3. Iraq’s 5 Million Bpd Oil Claim Complicates Its OPEC Quota PushNov 9, 2026 · OilPrice
  4. Latest Oil Market News and Analysis for Nov. 9Nov 8, 2026 · Bloomberg
  5. Iraq Has Reached Understandings With US To Allow Oil Exports Through HormuzNov 8, 2026 · gCaptain

What we don't know yet

4 claims still need verification.

Read the full story at The National
Listen to audio summary
0:00 / 0:00

How solid is this

1 source4 claims foundnot checked yet