Oil Prices Fall as Traders Weigh U.S.-Iran Diplomacy, Saudi Attacks WSJ.com: World News By: Anthony Harrup · Farhan Rafid 26 October 2026 at 22:49 Oil prices fell as traders considered diplomatic efforts to ease U.S.-Iran hostilities, while further Houthi attacks on Saudi Arabia kept concerns about Middle East supply risks alive. © Stringer/Reuters