Oil Prices Just Fell to Their Lowest Since August as Trump Says the Iran War Is ‘Effectively Over’
247wallst.com reports oil prices fell to their lowest since August 31, 2026 on November 9 — Brent crude settling at $92.57 and West Texas Intermediate at $86.85 — as President Trump called the Iran war "effectively over," a comment that came after settlement and did not cause the drop. The article notes no ceasefire is signed, and that supply, with OPEC output up 1.38 million barrels a day, is pushing prices down more steadily than diplomacy.
