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Both main crude contracts shed more than three percent in early Asian trade as the US president said he was hopeful of reaching a deal with Tehran after it warned that any attack on the Islamic republic would trigger a regional conflict.
February 23, 2026

Gold, a key go-to in times of turmoil, hit a peak of $4,690.59, while silver struck $94.12; on equity markets, Tokyo, Hong Kong, Shanghai, Sydney, Singapore and Wellington retreated; there were gains in Seoul and Taipei.
January 19, 2026

Oil prices drop three percent after Trump said Wednesday, he would ‘watch it and see’ on possible intervention in the Islamic republic, after he said he was told the killings of protesters there had stopped.
January 15, 2026