Oil Prices Drop Amid Uncertainty Over U.S.-Iran Diplomatic Talks

Oil prices declined as traders weighed conflicting reports on diplomatic efforts between the United States and Iran. Brent crude fell to $94.45 per barrel, while West Texas Intermediate dropped to $91.60 per barrel.

By Fiona Craig Tue, June 2, 2026 at 1:02 PM GMT+3 4 min read · Yahoo Finance ·

Oil Prices Drop Amid Uncertainty Over U.S.-Iran Diplomatic Talks

Topics: Brent crude oil prices U.S.-Iran negotiations West Texas Intermediate

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