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Outline of a framework

Brent plunges as US-Iran talks were better than expected, while CPC seems to be coming back slowly
Published: 17 February 2026
Written by:
Will Cunliffe

Will Cunliffe

Research Analyst, The Officials
Will Cunliffe
,
Edward Hayden-Briffett

Edward Hayden-Briffett

Research Analyst, The Officials
Edward Hayden-Briffett
and
Spyridon Kokas

Spyridon Kokas

Research Analyst, The Officials
Spyridon Kokas
Reviewed by:
Jorge Montepeque

Jorge Montepeque

Head of Benchmarking, The Officials
Jorge Montepeque
Edition: Euro EditionVolume: 3Issue: 33
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Brent plunges as US-Iran talks were better than expected, while CPC seems to be coming back slowly

Peace in our time! Iran’s Foreign Minister said the Geneva meeting resulted in an understanding on the main principles with the US. This means no fighting and no bombing! Flat price dumped $1 on the news! Immediate questions on sanctions relief are circulating, but details are obviously hazy… So far, they’ve only agreed they might agree on something.

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