Muscat: Oil prices were steady today as investors assessed risks of supply disruption ahead of talks between the US and Iran. Brent crude futures fell 0.2% at $68.59 a barrel, following a 1.3% gain on Monday. US West Texas Intermediate (WTI) crude was at $63.73 a barrel, up 84 cents, or 1.34%.

According to Oman News Agency, the stability in oil prices comes amidst a backdrop of geopolitical tensions and potential disruptions in supply chains. The upcoming negotiations between the US and Iran have significant implications for global oil markets, as both nations play crucial roles in oil production and exportation.

Investors are closely monitoring these talks, as any developments could lead to shifts in oil supply and demand dynamics. The market's cautious response reflects the uncertainty surrounding the potential outcomes of the discussions and their impact on global oil prices.

Brent crude, a major benchmark for international oil prices, showed a slight decline, while WTI crude, another key indicator, experienced a modest increase. These movements highlight the mixed sentiment among investors as they weigh the possible scenarios resulting from the US-Iran talks.