AI Summary

Oil prices slipped in Asian trading on Wednesday, marking a sixth straight day of declines as the first U.S.-Iran talks in months revived hopes of a diplomatic deal and eased Middle‑East supply concerns. Brent Crude fell about 1% to $98.30 per barrel, continuing a slide that began on Tuesday when the benchmark dropped below the $100 mark. The market reaction reflects traders’ optimism that renewed diplomacy could reduce geopolitical risk to oil supplies.

AI summaries can be wrong sometimes—always verify important details using the source article.