[MARKET ANALYSIS] Oil prices are mildly lower as reports suggest US-Iran talks will take place either Tuesday or Wednesday, although there remains no official confirmation from Iran

WTI/Brent: WTI Jun'26 -1.0% / Brent Jun'26 -0.6%

• Oil prices are mildly lower amid some optimism that US-Iran talks are to take place either Tuesday or Wednesday ahead of the ceasefire expiry, although the downside is limited as there have been plenty of conflicting headlines regarding talks and with no official confirmation from Iran.

Gold: -0.3%

• Marginally pulled back after rebounding for most of the prior day, with price action choppy near the USD 4,800/oz level as geopolitical uncertainty remains.

Copper: -0.4%

• Trickled lower amid the mixed risk appetite in Asia as markets look to potential US-Iran talks.