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Oil prices fall 1% on US-Iran nuclear talks, Trump's tariff hikes; JM Financial says crude to stay subdued till November

General • February 23, 2026

Oil prices fall 1% on US-Iran nuclear talks, Trump's tariff hikes; JM Financial says crude to stay subdued till November is drawing significant interest across the industry.

Crude oil prices fell by 1% recently due to tariff uncertainties and lower demand, with Brent at $71 per barrel and WTI at $65.75. Analysts expect range-bound action in crude prices amid global uncertainty and OPEC+ output hikes.

Experts suggest this could influence future trends and innovation in the sector.

More updates are expected as the story develops.


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