Feb 02, 2026

Oil Crashes Over 4% as Trump Says Iran Ready to Negotiate

TLDR Crude oil prices fell more than 4% on Monday after President Trump said Iran is engaging in serious negotiations with the United States. Brent crude dropped 4.6% to $66.10 per barrel while WTI crude declined 4.7% to $60.92 per barrel in Asian trading. The price decline follows OPEC+ decision to maintain current oil production [...]

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Source: Blockonomi →