Today: February 2, 2026
February 2, 2026
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Oil prices fall due to Trump’s optimism about dialogue with Iran

Oil prices fall due to Trump's optimism about dialogue with Iran

Oil prices fell sharply on Monday after US President Donald Trump said he was hopeful of reaching a deal with Iran over its nuclear program, easing fears of conflict in the oil-rich region.

West Texas Intermediate fell 3.4% to $62.99 a barrel, while North Sea Brent fell 3.2% to $67.09 in Asian morning trading following Trump’s comments.



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