Brent crude, the international benchmark, fell 0.52% to $102.54 per barrel for November futures, while U.S. WTI crude futures for November dropped 0.34% to $91.85 per barrel.

Reuters cited data from commodity analytics firm Kpler showing that Asia's September crude oil imports are expected to reach 23.96 million barrels per day, up from 23.38 million barrels per day in August, marking the highest level since the outbreak of the US-Iran war. Meanwhile, Iranian President Pezeshkian accused the United States and Israel at the UN General Assembly of stoking global instability, saying Iran would continue fighting "to the last breath," as tensions in the Middle East persist.