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macroJun 30, 2026, 1:04 AM

WTI Crude Drops to Near $70 on Conflicting US-Iran Signals

West Texas Intermediate crude fell to around $70.10 per barrel during Asian trading on Tuesday, reversing recent gains amid mixed signals on US-Iran talks.

WTI

WTI crude oil pulled back to near $70.10 per barrel in Asian trading on Tuesday, giving up earlier gains. The decline came as traders weighed conflicting reports about potential negotiations between the US and Iran, a factor that could affect global oil supply dynamics. The market remains sensitive to geopolitical developments in the Middle East.

Source: FXStreet Forex News