09-February-2026
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Oil Drops More Than 1% as US-Iran Talks Ease Supply Worries
09-Feb-2026

Oil prices fell more than 1% on Monday as fears of a Middle East conflict eased after the U.S. and Iran pledged to continue indirect talks about Tehran's nuclear programme, calming worries about potential supply disruptions. Brent crude futures fell 84 cents, or 1.2%, to $67.21 a barrel by 0747 GMT on Monday, while U.S. West Texas Intermediate crude dropped 82 cents, or 1.3%, to $62.73.

News Source:- https://money.usnews.com/investing/news/articles/2026-02-08/oil-drops-more-than-1-as-concerns-about-possible-us-iran-conflict-ease