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U.S. crude falls below $100 amid reports of U.S.-Iran diplomatic efforts

Oil fell Monday, amid news that both the U.S.

✦ Extractive summary — built from the sources' own reporting•From 1 source•1 min read•Updated November 2, 2026, 11:00 AM UTC
Key points
  • CNBC: U.S. crude falls below $100 amid reports of U.S.-Iran diplomatic efforts

and Iran are pursuing diplomacy amid ongoing Mideast tensions

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