WTI slips 0.57% to $101.18 as Iran-Saudi talks awaited in Tehran

WTI crude fell 0.57% to $101.18/bbl on Tuesday, with traders positioning ahead of a Tehran meeting between Iran, Saudi Arabia, Turkey, and Pakistan. The price move reflects market anticipation of potential diplomatic progress that could affect supply dynamics, though no concrete outcome is reported. The decline is modest and likely driven by expectations of eased tensions rather than a fundamental supply shift.

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