COINDESK · 2026-10-26 11:05 UTC

Live news: Brent Crude slides below $110 as Iran deal hopes grow and Brazil stocks sink

Brent crude down more than 6% from Friday's high, trading below $110/barrel as Iran deal hopes ease escalation fears; Iran hosting officials from Saudi Arabia, Pakistan, and Turkey. Brazil's stock market fell 20% after President Lula secured a fourth term; iShares MSCI Brazil ETF down 26% in pre-market trading. Bitcoin holding above $80,000, gold slightly above $4,000; Microsoft and Amazon earnings and Fed, BOJ, ECB rate decisions expected this week.

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