# Oil prices fall as peace hopes offset fears of growing Middle East conflict

https://tribune.com.pk/story/2637538/oil-prices-fall-as-peace-hopes-offset-fears-of-growing-middle-east-conflict

Oil prices ​fell on Thursday, paring gains made a day earlier, as hopes for peace talks took the edge ‌off renewed concerns over Middle East supply disruptions from escalating regional conflict. Brent crude futures declined $1.22, or 1.1%, to $114.10 a barrel at 0351 GMT. US West Texas Intermediate (WTI) crude futures were down $1.33, or 1.3%, at $101.45. Brent rose 1.3%, and WTI gained 3% on Wednesday. US Vice President JD Vance sought to ​revive peace negotiations by sending a letter to Iranian Security Council chief Mohsen Rezaei, the Wall Street Journal said ​on Wednesday, citing U

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Created: 2026-10-29T07:05:50.557017+00:00

Last edited: 2026-10-29T07:05:50.557017+00:00

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Origin: Syndicated

Original source: https://tribune.com.pk/story/2637538/oil-prices-fall-as-peace-hopes-offset-fears-of-growing-middle-east-conflict