Oil prices bounced back in early trading on Friday as geopolitical risk returns and optimism surrounding potential peace deals fades. Friday, November 6, 2026The initial days of the US’ post-midterms price collapse are gradually making way for a return to the pre-November status quo, with President Trump insinuating that he ‘doesn’t need a deal with Iran’ amidst intensifying Israeli pressure to resume military strikes against Tehran. A worsening outlook for any peaceful settlement of the Russia-Ukraine war, as well…