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Mon · 09 Nov 2026

Oil Eases and Markets Steady as Trump Signals Iran Deal Possible

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Oil Eases and Markets Steady as Trump Signals Iran Deal Possible

📉 MARKETS — Oil retreats, but the ceasefire buying the dip has no verified floor. 📌 LOOK CLOSER: Brent easing on Trump's "very good chance" language is a sentiment trade, not a supply trade — Hormuz remains blocked and IEA's weeks-not-months clock is still running. Equities and bonds steadying signals investors are pricing a deal, not pricing one closed. If Iran's sequencing demand holds, the next NSC outcome reprices everything back up fast.

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