---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/100000000967495.md"
description: "Brent crude plummeted 7.6% to $104.77 on hopes for Iran talks, but rebounded following reports of a US strike on Qeshm Island. A return to normalcy for international crude remains distant.International gold prices bounced back after briefly dipping below $3,900, moving inversely to crude oil for the second consecutive day as yields fell.The US dollar weakened amid sinking exchange rates; it remains unclear if the results of the midterm elections will boost the market again."
datetime: "2026-11-03T06:42:56.000Z"
locales:
  - [en](https://longbridge.com/en/topics/100000000967495.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/100000000967495.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/100000000967495.md)
author: "[Tiffany lover](https://longbridge.com/en/profiles/21320188.md)"
generator: "portal-rs"
---

# Brent crude plummeted 7.6% to $104.77 on hopes for…


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