#Trump delays military strike on Iran, oil prices fall below $90

About Trump delays military strike on Iran, oil prices fall below $90

As of 19:00 on 2026-11-10 in this ranking window, Trump stated that a new round of strikes on Iran "seems unnecessary," and US WTI crude oil fell to $84.08, closing below $85 for the first time since August. Qatar and Saudi Arabia are said to hope for a peaceful resolution to the Iran issue, with Gulf stock markets rising in sync with South Korea's KOSPI and the Nikkei index. The market is reassessing the impact of the decline in geopolitical risk premiums on macro liquidity, but Iran's top security officials call the negotiations "delusional," and uncertainty remains.