---
title: "Oil Plunges Below $100 as Traders Unwind Conflict-Escalation Bets"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/304639448.md"
description: "Oil plunged below $100 as traders unwound bets on conflict escalation, but peace remains far from certain, according to Bloomberg."
datetime: "2026-11-06T12:39:14.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/304639448.md)
  - [en](https://longbridge.com/en/news/304639448.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/304639448.md)
generator: "portal-rs"
---

# Oil Plunges Below $100 as Traders Unwind Conflict-Escalation Bets

Oil plunged below $100 as traders unwound bets on conflict escalation, but peace remains far from certain, according to Bloomberg.

### Related Stocks

- [BNO.US](https://longbridge.com/en/quote/BNO.US.md)
- [USO.US](https://longbridge.com/en/quote/USO.US.md)

## Related News & Research

- [US Treasury yields edge lower as oil prices decline](https://longbridge.com/en/news/304819440.md)
- [Oil can hit $150 if conflict escalates, but a price collapse is more likely: Fereidun Fesharaki](https://longbridge.com/en/news/304951240.md)
- [Oil prices ease to two-month lows as US downplays further Iran strikes](https://longbridge.com/en/news/305062457.md)
- [Oil rises as Middle East risks linger](https://longbridge.com/en/news/305099165.md)
- [Fed could hike rates by 50 basis points as oil surges, says market expert](https://longbridge.com/en/news/305213780.md)

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**