Oil prices dropped more than 1% on October 15, with Brent falling to $104.67 and US crude to $94.07 per barrel. Despite attacks on ships in the Strait of Hormuz and Saudi oil infrastructure, prices declined as Washington considered easing tanker sanctions. Higher Russian production and recovering Gulf exports also helped ease concerns about global oil supplies.
Source
https://www.jordannews.jo/Section-112/Economy/Oil-Prices-Fall-More-Than-1-as-Supply-Risks-Ease-57464
