{
  "id": 19328547,
  "title": "Brent crude falls below $90 first time since August",
  "url": "https://urgent.news/2026/11/10/brent-crude-falls-below-90-first-time-since-august",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-10T10:47:48.000Z",
  "source": {
    "name": "Daily Trust",
    "slug": "daily-trust",
    "url": "https://dailytrust.com/brent-crude-falls-below-90-first-time-since-august/"
  },
  "original_language": "en",
  "account": "Brent crude oil prices plummeted below $90 per barrel for the first time since August, marking a significant drop on Tuesday. The international benchmark plummeted to $89.70 per barrel in early European trading, while West Texas Intermediate (WTI), the US benchmark, fell more than two percent to under $85 per barrel. The recent decline came after reports that US President Donald Trump was no longer contemplating an attack on Iran, sparking optimism for a potential diplomatic resolution to the eight-month-long conflict. Brent had already slipped below $92 per barrel at the onset of Asian trading as investors reacted to hints of possible de-escalation. This optimism was further bolstered by diplomatic efforts reportedly led by Qatar, which could facilitate an agreement between the parties involved. However, concerns about energy supply disruptions lingered as Yemen's Houthi group continued targeting Saudi Arabia's energy infrastructure. The latest strike hit the East-West pipeline, resulting in a limited fire that was extinguished, according to a Saudi energy ministry official. Oil prices have been on a downward trend since they dropped by 17 percent last week, their steepest weekly decline since the COVID-19 pandemic in 2020. Brent has now lost about 25 percent from its late-October high of over $117 per barrel.",
  "summary": "Crude oil prices fell below $90 per barrel early on Tuesday for the first time since August, following renewed signals by United States President Donald Trump that further military strikes against Iran may not be necessary. The international benchmark dropped to $89.70 per barrel in early European trading, while West Texas Intermediate (WTI), the US […]",
  "key_points": [],
  "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."
}