India, Feb. 24 -- Oil prices held steady near seven-month highs on Tuesday ahead of a fresh round of U.S.-Iran nuclear talks later in the week.

Benchmark Brent crude futures edged up by 0.2 percent to $71.26 a barrel while WTI crude futures were up 0.2 percent at $66.47.

Both contracts held near levels last seen in early August 2025 ahead of a third round of nuclear talks between the U.S. and Iran on Thursday in Geneva.

The U.S. is shifting immense military assets into West Asia, sending a warning of its offensive intent to Iran.

After U.S. President Trump stated that he was considering a limited attack on Iran, Iran has clearly stated that even a small attack will not be tolerated and it will take strong action in response.

It is fear...