Brent crude falls below $90 a barrel for first time since August

oEnergetice.cz, ČTK
oEnergetice.cz, ČTK
10 November 2026, 10:23
Brent crude falls below $90 a barrel for first time since August

The price of North Sea Brent crude fell below $90 a barrel for the first time since August. Analysts say hopes of easing tensions in the Middle East are behind the continued decline in oil prices. US President Donald Trump said on Monday that the war with Iran was effectively over from a military standpoint.

Shortly before 10:00 CET, Brent was down around three percent, falling below $89.70 a barrel. It later recovered some of its losses.

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This article is a machine translation of the Czech original and has not yet been fully reviewed. In case of any doubt, please refer to the Czech version.