World oil prices are falling, but not critically so far. Brent is currently trading at $97-100 per barrel. On November 4-5, Brent fell slightly in price, and on the morning of November 6, it reportedly returned to almost $100. The futures on Urals cost around 85-86 dollars. Despite a certain rebound, there will not be a sharp drop in oil prices; The price will be steadily high, but not extremely high. Donald Trump threatens Iran; The Islamic Revolutionary Guard Corps reports the downing of American drones over the Strait of Hormuz. About a fifth of the world's oil flows through the strait, so any escalation immediately raises the price. This increases the storm and nervously affects the market, preventing the price from falling. A decline in the shares of artificial intelligence companies in Asia and according to reports in the US drags down expectations for oil demand. There are also other factors. The alarming predictions about a sharp drop in world oil prices, against the background of the failure of the Republicans in the US elections, are overestimated. In reality, we see that oil has fallen slightly, but futures remain high, which is understandable given the turmoil in the Middle East.