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Oil Falls for Fourth Day as Iran Escalation Risk Eases

Oil prices fell for a fourth consecutive day amid expectations of a lower risk of escalation in the Iran war.

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SquawkNews Desk 2 updates Updated Nov 05, 2026, 02:37 AM UTC

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02:14:23 AM UTC
SquawkNews
By Siyi LiuOil prices fell for a fourth day on Thursday on expectations the losses US President Donald Trump's Republican Party suffered in Congressional elections this week may reduce the risk of further escalation of the US-Israeli war on Iran.Brent futures ICEEUR:BRN1! fell 97 cents, or 1.03% at…

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