Brent falls as much as 7.3 percent to 81.55 dollars on talks news as US and European equities rise

In trading on Monday, August 3, 2026, after the US president said a new round of talks with Iran would begin that day, Brent crude fell by as much as 7.3 percent to 81.55 dollars a barrel. The drop in energy prices eased pressure on financial markets.

In the same session, S&P 500 futures rose about 0.5 percent and Nasdaq 100 futures about 0.8 percent, while Europe's Stoxx 600 gained 0.4 percent, led by travel, leisure and carmaker shares. The US 10-year Treasury yield fell 5 basis points to 4.69 percent after reaching its highest level since January 2025 last week. The Japanese yen strengthened by as much as 1.4 percent to 155.23 per dollar.

Asian markets lagged, however: a regional index of Asian chipmakers fell 1.5 percent, shares in Samsung Electronics and SK Hynix each dropped about 8 percent, and South Korea's KOSPI index fell more than 5 percent after an 18 percent surge on Friday.