U.S. Military Buildup In Gulf Amid Iran Nuclear Talks

Tensions between the U.S. and Iran have escalated significantly, with the U.S. deploying over 150 aircraft, including F-35s and F-22s, marking the largest military buildup in the region in over two decades. However, recent developments indicate a potential easing of hostilities as the United States and Iran have extended their nuclear talks, which may help avert conflict. Oil prices have inched down, with Brent crude futures losing 5 cents to $70.70 a barrel, and U.S. West Texas Intermediate crude falling 1 cent to $65.20, reflecting traders' cautious optimism amid the ongoing negotiations. The discussions are set to resume with technical-level talks scheduled for next week in Vienna, as both sides aim to reach an agreement before President Trump's deadline of March 1–6, 2026, according to Omani Foreign Minister Sayyid Badr Albusaidi.