Thursday, January 29, 2026 at 3:13 AM
The article discusses rising oil prices and gold as tensions over Iran escalate, with Asian markets reacting negatively to the news.
Gold Hits New High, Oil Rises as Iran Tensions Rekindle(current)
Oil prices were steady as traders closely monitored developments in Iran after renewed tensions in the region.
Oil futures gained as the U.S. military buildup in the Middle East kept concerns of possible action against Iran in traders’ sights.
Oil prices slipped on signs of de-escalating tensions between the U.S. and Iran. Officials from both countries are set to meet in Turkey this week.
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