Brent Slips Toward $115 on Diplomacy Hopes While Dollar and Gold Climb in Tehran

Ecoiran reported on Monday, October 26, 2026 that as senior Saudi, Turkish and Pakistani officials travelled to Tehran amid speculation about a deal between Iran and the United States, Brent crude fell to about 115 dollars, from nearly 117 dollars on Friday. Sahmino data at 15:58 showed Brent at 114.92 dollars, down 1.54 percent on the previous day.

In Tehran's domestic market the free-market dollar rose 1,700 tomans to 271,800 tomans; the remittance rate was 185,676 tomans and the euro 303,200 tomans. The 18-karat gram of gold rose 291 thousand tomans to 26,356,000 tomans, the Emami coin stood at 268,700,000 tomans, and world gold reached 4,011 dollars an ounce. Domestic figures are as of Ecoiran's report and moved during the afternoon. Ecoiran reads the simultaneous rise in currency and gold as a sign that inflation expectations and foreign-exchange supply are being priced alongside political news.