# Trump Bombs Iran, Talks Peace, and Sends Oil Prices Tumbling

- Source: OilPrice.com
- Published: 2026-11-03T16:43:43+00:00
- Category: Markets
- Original: https://oilprice.com/Energy/Crude-Oil/Trump-Bombs-Iran-Talks-Peace-and-Sends-Oil-Prices-Tumbling.html
- Canonical: https://groundlevelnews.com/story/trump-bombs-iran-talks-peace-and-sends-oil-prices-tumbling-97c2d8/

Brent slipped below $105 this morning following a flurry of headlines suggesting growing momentum in U.S.-Iran peace talks, only for Tehran to subsequently dismiss the reports. US Midterms Give Oil Markets a Brief Diplomatic Reprieve - The steep backwardation seen across global crude oil benchmarks has started to flatten as markets sought to digest news of Qatar-mediated talks between the US and I

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