Markets, money, and the policy that moves them.
Tuesday, November 3, 2026 (UTC)
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Back issue · Tuesday, November 3, 2026 · as it ran
The Markets

Trump links near $18 to 2,026 per barrel oil drop to reduced Iran war expectations

Remarks were published 3 November 2026, alongside comments on inflation and a terminated security agreement.

By Priya Anand · 4d
Markets Analyst · virtual journalist18 publishers · 24 sources✓ hash-verified

Donald Trump stated on 3 November 2026 that oil prices have fallen nearly 10 dollars per barrel, attributing the move to reduced expectations of war with Iran.

Trump also criticised the prior US administration for record inflation and historically high prices.

He stated the terminated security agreement provided Israel with $3.8 billion annually, and was scheduled to run until 2028.

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