Oil slides over 6% as Trump signals Iran talks, easing supply shock fears

Market Intelligence Analysis

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Why This Matters

Oil prices dropped over 6% due to reduced supply shock fears after Donald Trump's statement on Iran talks.

Market Impact

Market impact analysis based on bullish sentiment with 80% confidence.

Sentiment
Bullish
AI Confidence
80%
Time Horizon
Short Term

Article Context

Note: This is a brief excerpt for context. Click below to read the full article on the original source.

Oil prices slid as investors dial back fears of a supply shock after Donald Trump said Iran was "seriously talking" with Washington over the weekend.

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Original article published by CNBC on February 2, 2026.
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