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Oil slips more than 1% as talks continue on ending Iran war

By Thomson Reuters Nov 1, 2026 | 5:12 PM

SINGAPORE, Nov 2 (Reuters) – Oil prices slipped ​more than ‌1% in early Asian trade on Monday ‌after ​Iranian ⁠and Qatari officials ⁠held a third straight day of talks ​aimed at pushing ⁠for a ⁠deal to ​end the ​US-Israeli war on Iran.

Brent ‌crude futures fell $1.51, or 1.33%, to $111.92 ⁠a barrel by 2303 GMT while ⁠US ‌West ⁠Texas Intermediate ​crude ‌was at $102.34 a ​barrel, ⁠down $1.78, or 1.71%.

(Reporting by Florence Tan; Editing by Edmund ​Klamann)