Oil prices fluctuated in Asian trading today as investors closely monitored developments ahead of the second round of U.S.-Iran negotiations scheduled for later this week. The talks, aimed at reviving the 2015 nuclear deal, could significantly alter global oil supply dynamics if sanctions are eased or production quotas adjusted. Traders remain cautious, with benchmarks like Brent crude and West Texas Intermediate showing mixed gains and losses as market participants weigh potential supply disruptions against diplomatic progress. The outcome of these talks is widely seen as a pivotal factor influencing near-term price stability, though concrete details remain scarce. Market analysts emphasize that any tangible agreement could trigger immediate volatility, while prolonged uncertainty may sustain current price ranges. Investors are advised to monitor official statements from both governments for clarity on sanctions relief timelines and potential production adjustments. The talks' impact on oil markets will likely hinge on the extent of sanctions modifications and Iran's subsequent compliance with any revised agreements.