# Oil price falls amid hope of a breakthrough to end Iran war

- Source: Guardian World
- Published: 2026-11-02T17:14:23+00:00
- Category: World
- Original: https://www.theguardian.com/business/2026/nov/02/oil-price-falls-amid-hope-of-a-breakthrough-to-end-iran-war
- Canonical: https://groundlevelnews.com/story/oil-price-falls-amid-hope-of-a-breakthrough-to-end-iran-war-fe2bd4/

Brent crude drops by more than 6% to $105.55 a barrel, the lowest level in more than two weeks The oil price has fallen to its lowest level in more two weeks amid new hopes of a breakthrough to end the Iran war. Brent crude, the international benchmark, dropped by more than 6.5% to as low as $105.55 a barrel on Monday, the lowest since 16 October, sending shares in airline companies higher and pus

_Ground Level News shows a short summary only; the full article and all rights belong to Guardian World._