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The Economic Times

Economy / The Economic Times

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Oil extends decline ahead of US-Iran talks

Oil prices fell for a second day and were set for their first weekly decline in weeks, as fears of Middle East supply disruptions eased and investors focused on U.S.Iran nuclear talks in Oman. Brent crude slipped to about $67 a barrel and U.S. WTI to around $62.8, both down more than 3% from late-January highs.

6 Feb 2026 6:44 am