Monday, February 2, 2026 at 8:40 AM
Oil prices plunged as a broader selloff swept commodities markets and negotiations between the U.S. and Iran eased supply concerns.
Oil fell in early Asian trade amid possible position adjustments
Oil prices slipped on signs of de-escalating tensions between the U.S. and Iran. Officials from both countries are set to meet in Turkey this week.
Oil prices were steady as traders closely monitored developments in Iran after renewed tensions in the region.
Oil prices edged higher in early trading but were on track for their first weekly decline in several weeks, as markets focus on upcoming talks between the U.S. and Iran.
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