Crude oil prices posted a modest gain in early trade as investors weighed the implications of ongoing US-Iran diplomatic talks against broader market uncertainty.
The geopolitical dialogue continues to cast a shadow over energy supply expectations, keeping a lid on aggressive selling despite mixed global cues.
Brent crude and WTI benchmarks both moved higher in the session, reflecting persistent risk premiums tied to Middle East tensions.
The price action suggests that while immediate supply disruption fears may have cooled slightly, the underlying geopolitical risk remains a key driver for energy markets.
In equities, Asian markets opened with mixed sentiment.
Wall Street’s overnight rally provided some support, but domestic indices in India faced headwinds from the previous day’s decline.