WTI and Brent are down about $0.70 from intraday highs, trading at $100.75/bbl and $110.89/bbl respectively. Qatar’s mediator submitted a new draft agreement to Iran on Sunday; Iran is reviewing the proposal and is expected to respond within the week.

2026-10-28

WTI and Brent are down about $0.70 from intraday highs, trading at $100.75/bbl and $110.89/bbl respectively. Qatar’s mediator submitted a new draft agreement to Iran on Sunday; Iran is reviewing the proposal and is expected to respond within the week.