Pre-Talks Discount

Iran Market Pulse: Monday Morning, 3 August 2026; Brent Slid Into the 83 Dollar Range Before Today's Talks Begin

At 07:38 on Monday 12 Mordad 1405 (3 August 2026), Brent crude traded at 83 dollars and 38 cents a barrel, about 5 percent below the previous close, after the US president said on the evening of Sunday 11 Mordad that nuclear talks with Iran would begin this afternoon. In the same minutes spot gold moved the other way, rising 0.56 percent to 4,067 dollars. In Tehran the free-market dollar is around 191,000 tomans this morning and a gram of 18 karat gold sits at 18,330,500 tomans.