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Event Brief

Oil Declines as US-Iran Negotiations Set for Friday

Oil prices drop as Iran confirms US talks, reducing military strike risks.
WHO: Iran, US, President Donald Trump
WHAT: Negotiations regarding military tensions and oil prices
WHEN: Feb 5, 2026 at 2:36 AM ET
WHERE: Middle East
WHY: To ease military tensions and stabilize oil markets
Sources (1): Bloomberg

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