![\"\"](\"https:\/\/www.newsbeep.com\/il\/wp-content\/uploads\/2026\/10\/Oil_Barrels_blue.jpg\")
<\/p>\n <\/p>\n
Oil prices fell on Monday as diplomatic efforts to ease the U.S.-Israeli war with Iran tempered fears of further supply disruptions, although Houthi attacks on Saudi Arabia kept geopolitical risks elevated.<\/p>\n
Brent crude futures, the global oil benchmark, fell by 1.4% to $115.04 a barrel by 06:42 ET (10:42 GMT), while U.S. West Texas Intermediate crude futures had declined by 2.1% to $101.13 a barrel.<\/p>\n
Both benchmarks climbed nearly $3 on Friday after attacks by Iran-backed Houthi militants in Yemen heightened concerns about the security of energy infrastructure in Saudi Arabia, one of the world\u2019s largest oil exporter. Saudi-aligned government forces in Yemen and the Houthis have been fighting for control over key territories of the country, including areas overlooking the Bab el-Mandeb Strait, a key chokepoint for Gulf oil shipments.<\/p>\n
Brent settled at $116.72 a barrel on Friday, its highest closing level since April 29, and gained about 6% over the week. WTI settled at $103.27, up 2.3% for the week.<\/p>\n
Over the weekend, the Houthis claimed responsibility for strikes targeting a Saudi airport and oil facilities on Saturday. Saudi Arabia said on Sunday it had intercepted additional missiles and drones.<\/p>\n
However, Qatari mediators traveled to Tehran on Sunday as part of efforts to de-escalate regional tensions with Washington, according to media reports. In addition, Reuters reported that senior officials from Saudi Arabia, Turkey and Pakistan were set to meet Iranian counterparts in Tehran on Monday to discuss regional coordination.<\/p>\n
U.S. President Donald Trump told Fox News on Sunday that it was \u201cgetting to be decision time\u201d on whether to strike a deal with Tehran or \u201cfinish it off\u201d, raising the prospect of renewed hostilities after months of conflict. Iran\u2019s foreign minister, meanwhile, said that if rationality prevailed, the United States would not attempt another attack.<\/p>\n
\u201cThe war in the Middle East remains a major wild card for financial markets,\u201d analysts at Yardeni Research said in a note, adding that the risk of further military escalation \u201cremains high.\u201d
Source: Investing.com<\/p>\n","protected":false},"excerpt":{"rendered":"Oil prices fell on Monday as diplomatic efforts to ease the U.S.-Israeli war with Iran tempered fears of…\n","protected":false},"author":2,"featured_media":658138,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[42,43,40,38,41,39],"class_list":["post-658137","post","type-post","status-publish","format-standard","has-post-thumbnail","category-headlines","tag-headlines","tag-news","tag-top-news","tag-top-stories","tag-topnews","tag-topstories"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/658137","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=658137"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/658137\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/658138"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=658137"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=658137"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=658137"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}