US-Iran Nuclear Talks Unlikely to Shift Oil Prices Significantly

Oil prices remain relatively stable ahead of crucial US-Iran nuclear talks scheduled for Tuesday in Geneva.

The negotiations aim to ease tensions between the two countries, with Iran seeking a deal that would bring economic benefits for both parties. Energy and mining investments, as well as aircraft purchases, are reportedly up for discussion.

Despite these developments, oil prices have been pushed up by US-Iran tensions in recent weeks. However, OPEC+ is leaning towards resuming output increases from April, which could temper the bullishness of higher oil prices.