New Overnight Developments Abroad - Daily Update
Softer Dollar and A Bit of Hope that A Diplomatic Peace Deal Might Prove Possible
November 2, 2026
(115) Markets today have been dominated by a sizable drop in oil prices inspired by continuing back-channel talks to seal a peace deal that would prevent a new escalation of military conflict in Iran. Both Brent ($108.78 per barrel) and West Texas Intermediate ($99.58) are a bit more than 4.0% below pre-weekend closing levels. A […] More
