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War & Militarism Tagesschau

Hope for an end to the Iran war: oil prices have fallen significantly

No agreement has been signed yet - but investors believe in an end to the US-Iran war. This is reflected in the oil prices. And fuel prices continue to fall at the gas station too.

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Hope for an end to the Iran war Oil and fuel prices have fallen significantly As of: November 9th, 2026 • 9:52 a.m

No agreement has been signed yet - but investors believe in an end to the US-Iran war. This is reflected in the oil prices. And fuel prices continue to fall at the gas station too.

Hopes for an early solution to the Iran war have depressed oil prices. North Sea oil Brent and US oil WTI fell today by more than one percent to $96.76 and $89.77 per barrel, respectively.

The background is that US President Donald Trump described new attacks on Iran as very unlikely as long as talks to end the conflict continued.

The Brent price had already fallen by 16 percent last week. However, analysts warned against expectations being too high. "Despite recent optimism about a possible diplomatic breakthrough, underlying geopolitical risks remain high and the possibility of renewed military escalation cannot be ruled out," said Sugandha Sachdeva of SS WealthStreet.

Gasoline is becoming cheaper due to falling oil prices. Investors are hopeful about the Middle East despite uncertainty. more

The market appears to be pricing in de-escalation, even though a comprehensive agreement between Washington and Tehran has not yet been reached. According to US Secretary of State Marco Rubio, there is little progress in the negotiations. He recently described Iran's demands as unacceptable and unrealistic.

The fall in oil prices is also evident at gas stations. According to ARD data, drivers paid an average of 2.00 euros for a liter of premium gasoline this morning at 8 a.m. - an average of nine cents less than the previous Monday. The average E10 price is 1.94 euros per liter, nine cents cheaper than the previous week. Diesel cost 2.20 euros in the morning, four cents less on average. This is the result of the SWR data analysis of all fuel prices at around 15,000 German gas stations.

This topic in the program: tagesschau24 | News | November 9, 2026 | 9:00 a.m

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