Business
Greek PM calls for global maritime truce after Greek ship sunk in drone attack
By Marcus Chen
Oil prices fall as peace hopes offset fears of growing Middle East conflict
Marcus Chen
Marcus Chen
Managing Editor · St. Paul, MN
Marcus manages the day-to-day editorial workflow across all brands, coordinating coverage assignments and ensuring editorial standards are met. He previously served as city editor at the Pioneer Press and holds a degree in Political Science from Carleton College.
More from Marcus →Managing Editor · Thursday, October 29, 2026 at 7:13 AM · 1 min read
RIYADH: Oil prices fell on Thursday, paring gains made a day earlier, as hopes for peace talks took the edge off renewed concerns over Middle East supply disruptions from escalating regional conflict. Brent crude futures declined $1.22, or 1.1 percent, to $114.10 a barrel at 06:51 a.m. Saudi. US West Texas Intermediate crude futures were down $1.33, or 1.3 percent, at $101.45. Brent rose 1.3 percent and WTI gained 3 percent on Wednesday. US Vice President JD Vance sought to revive peace negot
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