The global benchmark price is now down roughly $20 a barrel since late October, when it traded for around $113.The global benchmark price is now down roughly $20 a barrel since late October, when it traded for around $113. US and Israeli Attack on Iran (2026), Oil (Petroleum) and Gasoline, United States Politics and Government, Prices (Fares, Fees and Rates), War and Armed Conflicts, Peace Process, Midterm Elections (2026), United States International Relations, United States Economy, Houthis, Saudi Aramco, Republican Party, Democratic Party, Trump, Donald J, Vance, J D, Iran, Israel, Saudi Arabia, Strait of Hormuz, United States, Yemen Read More
Oil Prices Fall on Hopes for Peace Between U.S. and Iran
