Oil prices hold near six month highs as investors monitor US and Iran tensions
Crude prices remained near six-month peaks today as markets weighed potential US-Iran conflicts. Gains were capped by signals of dialogue and rising output.
Oil prices held near six-month highs on Friday, January 30, 2026, as investors tracked uncertainty over possible actions by the US 
US against Iran 
IR. Brent crude futures and U.S. West Texas Intermediate (WTI) remained elevated as the market weighed reports from Reuters regarding the US US government considering various responses, including discussions of targeted strikes. These geopolitical developments, combined with new sanctions, are significantly influencing supply expectations and commodity pricing.
US against Iran IR. Brent crude futures and U.S. West Texas Intermediate (WTI) remained elevated as the market weighed reports from Reuters regarding the US US government considering various responses, including discussions of targeted strikes. These geopolitical developments, combined with new sanctions, are significantly influencing supply expectations and commodity pricing.
