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Event Brief

Oil Prices Drop Amid U.S.-Iran Negotiation Hopes

Oil prices fell sharply due to lowered tensions between the U.S. and Iran.
WHO: President Donald Trump
WHAT: Oil prices fell sharply
WHEN: Feb 1, 2026 at 7:00 PM ET
WHERE: United States
WHY: Hopeful negotiations with Iran reduced fear premium
Sources (1): MarketWatch

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