XLE & Oil

Oil Prices Fall as Vance Moves to Restart Iran Peace Talks

OilPrice.com·Oct 29, 2026 · 1:05 AM CT
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Crude gave back some of this week's gains after Vice President JD Vance contacted the secretary of Iran's Supreme National Security Council in a bid to restart peace talks. At the time of writing Brent traded at $114.14 and WTI at $101.45, both down from Wednesday but still well above where they started October.

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