Brent slides toward $100 on US-Iran deal bets: Nov 5, 2026
Brent is moving sharply on shifting headlines around U.S. actions toward Iran and talk of peace and a possible U.S.-Iran deal. Headlines report Brent falling to $100 and slipping below $101 for the first time since Oct. 8, alongside a $6 flash drop before rebounding toward $104, while crude was described sliding toward $93 as Trump ruled out immediate Iran strikes. The coverage links the volatility to changing expectations around conflict and potential supply disruption.
Updated
This day is still open. Its readings are published once it closes. The live reading is on the Brent page.
Headlines (9)
First seen on November 5
Carried over from earlier days
- Californians vote on ballot initiative to impose one-time tax on billionairesfrance24.com
- Brent crude oil slips below $101 per barrel on ICE for first time since October 8TASS
- Brent Flash Crashes $6 Before Rebounding Towards $104OilPrice.com
- Trump Bombs Iran, Talks Peace, and Sends Oil Prices TumblingOilPrice.com
- Brent Falls to $100 as Traders Bet on a U.S.-Iran DealOilPrice.com
- Oil Crashes 9% as Trump and Vance Blame Iran War for Midterm RoutOilPrice.com
- The market is making a big bet on ending the Iran warInvestingLive
- Financial & Forex Market Recap: Nov. 4, 2026babypips.com
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| Thursday, November 5 | ||
| Challenger Job Cuts y/y | USD | |
| Prelim Unit Labor Costs q/q | 0.3% | USD |
| Unemployment Claims | 197K | USD |
| Prelim Nonfarm Productivity q/q | 2.8% | USD |
| FOMC Member Hammack Speaks | USD | |
| FOMC Member Barkin Speaks | USD | |
| Natural Gas Storage | 81B | USD |
| BOC Gov Macklem Speaks | CAD | |