Oil Rises With Focus on U.S.-Iran Talks, OPEC+ Meeting -- Market Talk
Dow Jones
Feb 27
0825 GMT - Oil prices rise as investors digest news that the U.S. and Iran will resume discussions next week after the latest round of talks wrapped up on Thursday without a deal. Brent crude rises 0.9% to $71.45 a barrel, while WTI is up 0.7% to $65.32 a barrel. Discussions "on a technical level" will take place next week in Vienna, Oman's Foreign Minister Badr bin Hamad al-Busaidi said in a post on X. However, markets remain on edge as any potential escalation of tensions could disrupt energy flows. Traders are also awaiting OPEC+'s meeting on Sunday for signals on future production policy. (giulia.petroni@wsj.com)
(END) Dow Jones Newswires
February 27, 2026 03:25 ET (08:25 GMT)
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