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The Economic Times

Markets / The Economic Times

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Oil steady as markets consider possible U.S.-Iran de-escalation, firm dollar

On Tuesday, oil prices held steady amid positive developments regarding U.S.-Iran relations, which are invigorating market sentiments. The strength of the U.S. dollar adds an additional layer to this stability. In an important diplomatic shift, India has announced a new trade deal with the U.S.

3 Feb 2026 7:44 am