Crude oil fell for a second straight session on October 27 as renewed diplomatic efforts aimed to ease tensions in the Middle East. Brent settled down 1.7% at US$113.88 per barrel, while WTI dropped 1.8% to US$99.90 per barrel. Iran's Supreme Leader Mojtaba Khamenei said in a social media post that he met security official Mohsen Rezaei to discuss conditions for ending the war with the US, including control of the Strait of Hormuz; Saudi Arabia's defense minister and Iran's President Masoud Pezeshkian also held direct talks in Tehran. UBS analyst Giovanni Staunovo said Brent could stay near US$110 per barrel through year-end, as global inventories have fallen by about 500 million barrels since February 2026 and shipping and insurance costs have risen sharply.
Summary written by Upside AI from the original article. Read the source for full details.
Original headline: Giá dầu giảm gần 2% khi Iran thảo luận điều kiện chấm dứt chiến tranh
Read the original on Vietstock ↗
Keywords
oil pricesIrangeopoliticsStrait of Hormuz
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Related tickers and likely impact
SPY
▲ Likely positiveSPDR S&P 500 ETF
Relevance: low
| Market | US stocks |
|---|---|
| Sector | ETF |
| Close on 10/27/2026 | 769.72 |
| Change that session | +0.57% |
XAU/USD
▼ Likely negativeRelevance: low
| Market | Gold |
|---|---|
| Close on 10/27/2026 | 4,060.32 |
| Change that session | +1.07% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
Related news
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