Oil prices dipped below $99 per barrel in early Asian trading as investors weighed ongoing diplomatic efforts to de-escalate tensions in the Middle East. The decline reflects cautious optimism that potential resolutions could ease supply concerns, though market volatility remains high. Traders are closely monitoring developments, with geopolitical risks still overshadowing near-term price stability. The shift underscores how closely energy markets react to regional tensions and their broader economic implications.
Brent crude falls below $99 a barrel in Asian trading amid talks over Middle East conflict
