Brent rose nearly 4% on Nov 5 to settle around $96–98 as renewed US–Iran war risk followed the midterms, a day after a steep post-election drop. Rapidan Energy has warned that renewed tension could push oil past $100. Watch Hormuz headlines and Iran's near-zero exports. YES if any front-month ICE Brent settlement from Nov 9 through Nov 20 is above $100. YES if the front-month ICE Brent futures settlement is above $100.00/bbl on any trading day from Nov 9 to Nov 20, 2026.
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Brent rose nearly 4% on Nov 5 to settle around $96–98 as renewed US–Iran war risk followed the midterms, a day after a steep post-election drop. Rapidan Energy has warned that renewed tension could push oil past $100. Watch Hormuz headlines and Iran's near-zero exports. YES if any front-month ICE Brent settlement from Nov 9 through Nov 20 is above $100. YES if the front-month ICE Brent futures settlement is above $100.00/bbl on any trading day from Nov 9 to Nov 20, 2026.
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