{
  "id": 19289763,
  "title": "Oil Prices Plunge Below $92 as Trump Signals Restraint on Iran",
  "url": "https://urgent.news/2026/11/10/oil-prices-plunge-below-92-as-trump-signals-restraint-on-iran",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-10T05:20:00.000Z",
  "source": {
    "name": "OilPrice",
    "slug": "oilprice",
    "url": "https://oilprice.com/Latest-Energy-News/World-News/Oil-Prices-Plunge-Below-92-as-Trump-Signals-Restraint-on-Iran.html"
  },
  "original_language": "en",
  "account": "Oil prices plummeted below $92 per barrel for Brent and $86 for West Texas Intermediate following reports suggesting President Trump would refrain from attacking Iran. Brent crude was trading at $91.61 per barrel and WTI at $85.81 per barrel at the time of writing, after a 7% drop on Monday. Reports claim the U.S. is open to Iran enriching uranium to nearly 4%, a move Iran reportedly accepted. These developments come despite ongoing attacks on Saudi energy infrastructure by the Houthis and attacks on oil tankers in the Strait of Hormuz. Analysts note that while tanker attacks continue, they have not caused a significant increase in market risk. Brent crude has lost 22% from its October high of $118, the highest price in six months. A Reuters survey indicates OPEC production in October rose by 1.38 million barrels daily, reaching 22.87 million barrels daily, though this is still below the February average of 25.48 million barrels. OPEC had aimed to increase output, but the Iran conflict has hindered this goal.",
  "summary": "Crude oil prices dropped to less than $92 per barrel for Brent and $86 for WTI following reports citing President Trump as not planning to attack Iran “at this point”. At the time of writing, Brent crude was trading at $91.61 per barrel, and West Texas Intermediate was at $85.81 per barrel, after crashing by 7% on Monday, as reports emerged that the United States was open to letting Iran enrich…",
  "key_points": [
    "Oil prices drop below $92 per barrel",
    "U.S. signals restraint on Iran attack",
    "OPEC production up 1.38 million barrels daily"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}