Oil prices continued to decline on Tuesday as hopes for renewed US-Iran diplomatic efforts eased crude supply concerns, while a sharp sell-off in tech stocks raised alarms about the future of AI investments.

Oil prices dropped after the US and Iran avoided fresh strikes. Brent fell below $93 as supply fears eased, though Middle East tensions continue to cloud the outlook.

Oil prices dropped as market participants assessed a pause in US strikes on Iran. Hopes for a diplomatic solution eased concerns about Middle East energy flows. President Trump…