Oil slides in volatile trading as upcoming U.S.-Iran talks revive de-escalation hopes

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Oil prices declined as U.S.-Iran talks revived hopes for de-escalation, despite ongoing differences over the scope of the discussions.

Market Impact

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

Sentiment
Bearish
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 fell on Thursday after Washington and Tehran agreed to hold talks in Oman on Friday, even as differences persist over the scope of the discussions.

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Original article published by CNBC on February 5, 2026.
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