Sunday, February 1, 2026

Oil prices fall by 3% on US-Iran de-escalation

Oil prices dropped significantly as President Trump indicated Iran was engaged in serious talks with Washington, signaling a de-escalation of tensions. This news eased geopolitical risk premiums that had previously driven prices to multi-month highs. OPEC+ also agreed to maintain its current oil output levels for March.

from Economic Times https://ift.tt/IgxPpqJ

No comments:

Post a Comment

HDFC Bank submits two candidates to RBI for next CEO

India's ​largest ​private lender HDFC Bank has ‌submitted ⁠the ⁠names ​of two candidates ​to the ​Reserve Bank ⁠of India ‌for ​the ​posi...