Oil steadies as markets watch for U.S.-Iran talks at UN

Oil prices rose slightly on Tuesday as the market steadied after several days of declines, with investors awaiting potential U.S.-Iran talks at the United Nations General Assembly this week. Brent crude's November contract gained 22 cents to $100.57 a barrel, while the WTI October contract edged up 2 cents to $95.80. Analysts described the move as a short-covering bounce rather than a fundamental shift, noting prices remain sensitive to diplomatic headlines. Iran and the U.S. exchanged threats on Sunday, though President Donald Trump said he would be open to meeting Iranian President Masoud Pezeshkian. Middle East tensions stayed elevated after Houthi attacks, while Libya's Sharara oilfield saw partial production reduction.