Brent price holds near $66 after Monday slide as OPEC+ stands pat and Iran talks loom
Brent crude recovered to $66.37 a barrel Tuesday after hitting a one-week low of $65.19, as traders weighed U.S.-Iran nuclear talks and OPEC+’s decision to keep March output steady. A new U.S.-India trade deal, requiring India to halt Russian oil purchases, added uncertainty to global crude flows. The dollar strengthened after Trump nominated Kevin Warsh as Fed chair. Russian officials said demand should rise in March and April.