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Updated on: October 27, 2026 / 5:58 AM EDT / CBS News

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Oil prices held more or less steady early Tuesday, with international benchmark Brent crude hovering around $116 a barrel, little changed from the previous day when senior officials from Saudi Arabia, Turkey and Pakistan held talks with Iran in an attempt to stop the Middle East war from reigniting. Tehran said the discussions were "very good."

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Officials from the three Mecca pact countries flew to Iran as part of efforts to "de-escalate between the parties to the current crisis," a Saudi foreign ministry statement said.

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The talks followed warnings by the United States, Iran and Israel that hostilities could restart in the eight-month war, with some observers suggesting the period between next Tuesday's U.S. midterm elections and the new Congress taking office could be particularly fraught.

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Also in view are elections in Israel, where voters began delivering their verdict on Prime Minister Benjamin Netanyahu, who told President Trump a week ago that they have "a job to finish" in Iran.

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Israelis started casting votes Tuesday morning in a national election set to shape the country's next government, with the Iran war looming large over their decisions.

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Israeli Defense…

Original source: https://www.cbsnews.com/world/

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