Crude oil prices fell below $90 as President Donald Trump said further strikes on Iran were “highly unlikely.” Falling crude prices supported a recovery in global stocks from last week’s sell-off, while U.S. pump prices dropped below $4, their lowest level since July.
WHO:
Oil markets and President Donald Trump
WHAT:
Crude oil prices fell below $90 after President Donald Trump said further strikes on Iran were highly unlikely.
WHEN:
Reported Nov 10, 2026 at 9:46 AM ET
WHERE:
Location not specified
WHY:
Markets reacted to anticipation that the Iran war may be nearing an end after Trump said further strikes were highly unlikely.
How this story developed (showing 2 of 2 earlier reports)
