Oil Futures Fall on Easing Tensions But Risks Remain -- Market Talk
Dow Jones02-03
1453 ET - Crude futures slide as U.S.-Iran tensions ease, but markets still face headline risks, Sparta Commodities' Neil Crosby writes. President Trump said over the weekend he believes Iranian leaders are negotiating seriously, but the U.S. military buildup continues. Crosby says risk remains "as we wait to see whether negotiation or confrontation will dominate the narrative." He says Washington's "exact intentions and timings remain as ever, difficult to read." WTI futures fall 4.9%, the largest decline since June, to $61.92 a barrel. (paulo.trevisani@wsj.com; @ptrevisani)
(END) Dow Jones Newswires
February 02, 2026 14:53 ET (19:53 GMT)
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