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Explainer2 Nov 2026 · 4:47 watch

Cheaper Oil, If It Lasts | Market Updates FX Edition 2 Nov 2026

Oil fell about 3% overnight, with Brent near $110, after Iran said a Qatar-brokered plan could reopen the Strait of Hormuz within two days. But tankers are still being hit, and it is the biggest week of the autumn for UK markets: the US midterms on Tuesday, a Bank of England rise

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Cheaper Oil, If It Lasts | Market Updates FX Edition 2 Nov 2026 · B2BLCC