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January 17, 2026

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GLOBAL OIL PRICES SHIFT AS MIDDLE EAST NEGOTIATIONS CONTINUE

GLOBAL OIL PRICES SHIFT AS MIDDLE EAST NEGOTIATIONS CONTINUE

16 January, 2026 11:08 AM
GLOBAL OIL PRICES SHIFT AS MIDDLE EAST NEGOTIATIONS CONTINUE
Karandeep Chopra

World | Economy | Energy: Global oil prices showed mixed movement as talks continued between major oil-producing countries in the Middle East. Markets reacted cautiously as negotiations focused on production levels, supply stability, and regional developments.Energy analysts say any decision taken by oil-producing nations can have a direct impact on fuel prices worldwide. Even small changes in supply from the Middle East often influence global inflation and transportation costs.Traders remain alert, as uncertainty surrounding negotiations has kept markets unstable. Experts believe oil prices may continue to fluctuate until clearer agreements emerge.

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