Oil eases as traders weigh supply risks amid US–Iran tensions
#Crude oil #Iran-US relations #Energy supply #Commodity trading #Geopolitical risk #Market volatility #OPEC+
📌 Key Takeaways
- Oil prices softened as traders localized the impact of U.S.–Iran geopolitical friction.
- Supply risks remain a concern, but current global production levels are offsetting immediate fears.
- The market is prioritizing macroeconomic data and non-OPEC+ output over speculative tension.
- The Strait of Hormuz remains a critical focal point for potential future supply disruptions.
📖 Full Retelling
🏷️ Themes
Energy Markets, Geopolitics, Global Economy
📚 Related People & Topics
Commodity market
Physical or virtual transactions of buying and selling involving raw or primary commodities
A commodity market is a market that trades in the primary economic sector rather than manufactured products. The primary sector includes agricultural products, energy products, and metals. Soft commodities may be perishable and harvested, while hard commodities are usually mined, such as gold and o...
Volatility (finance)
Degree of variation of a trading price series over time
In finance, volatility (usually denoted by "σ") is the degree of variation of a trading price series over time, usually measured by the standard deviation of logarithmic returns. Historic volatility measures a time series of past market prices. Implied volatility looks forward in time, being derive...
Petroleum
Naturally occurring combustible liquid
# Petroleum **Petroleum**, commonly referred to as **crude oil** or simply **oil**, is a naturally occurring, yellowish-black liquid mixture of organic compounds found in various geological formations beneath the Earth's surface. It is primarily composed of hydrocarbons, though it may also contain ...
Political risk
Probability of adverse effects of political decisions
Political risk is a type of risk faced by investors, corporations, and governments that political decisions, events, or conditions will significantly affect the profitability of a business actor or the expected value of a given economic action. Political risk can be understood and managed with reaso...
Energy supply
Delivery of fuels or transformed fuels to point of consumption
Energy supply is the delivery of fuels or transformed fuels to point of consumption. It potentially encompasses the extraction, transmission, generation, distribution and storage of fuels. It is also sometimes called energy flow.
📄 Original Source Content
try{ var _=i o; . if(!_||_&&typeof _==="object"&&_.expiry As Claude disrupts stock market, Anthropic researcher warns ’world is in peril’ Gold, silver prices rise amid U.S.-Iran tensions, blowout January payrolls data Dow halts three-day win streak as blowout jobs data curbs rate cut bets Citi pushes back Fed rate cuts to May after blowout January jobs report (South Africa Philippines Nigeria) Oil prices steady as Iran-US tensions and US data eyed Commodities Published 02/09/2026, 08:48 PM Updated 02/10/2026, 05:48 PM Oil prices steady as Iran-US tensions and US data eyed 1 CL 0.51% Crude Oil WTI Spot US Dollar 0.06% Brent Spot US Dollar 0.00% Bitcoin Plus US Dollar -28.18% BNQA 1.59% MWCLc1 0.46% By Scott DiSavino NEW YORK, Feb 10 - Oil prices were little changed on Tuesday as the market waited for direction from news on diplomatic relations between the U.S. and Iran, efforts to end Russia’s war in Ukraine and data on the U.S. economy and U.S. oil inventories. Brent futures fell 24 cents, or 0.3%, to settle at $68.80 a barrel, while U.S. West Texas Intermediate crude fell 40 cents, or 0.6%, to settle at $63.96. Traders are "hesitant to press either direction until there is a clearer signal from diplomacy, the next inventory prints, or any confirmation that supply flows are being materially affected rather than merely threatened," analysts at energy consulting firm Gelber & Associates said in a note. Nuclear talks with the U.S. allowed Tehran to gauge Washington’s seriousness and showed enough consensus to continue on the diplomatic track, Iran’s foreign ministry spokesperson said on Tuesday. In an interview on Tuesday, U.S. President Donald Trump said he thinks Iran wants to make a deal with the United States on its nuclear and ballistic missile programs, and it would be "foolish" if it did not. U.S. officials have discussed seizing tankers carrying Iranian oil to pressure Tehran, but fear retaliation and the impact on global oil markets, the Wall Street Journal re...