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

OPEC+ evaluates its crude oil supply for March

The oil prices fell sharply on Monday after the US president, donald trumpclaimed to have hopes of reaching a agreement with Iran over its nuclear program, easing fears of conflict in the wealth-rich region raw.

He West Texas Intermediate fell 3.4% to $62.99 a barrel, while North Sea Brent fell 3.2% to $67.09 in Asian morning trade following comments from trump.

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