Reuters
05 Jun 2026, 00:28 UTC · 2h ago
Oil little changed on uncertainty over US-Iran peace deal
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Reuters
05 Jun 2026, 00:28 UTC · 2h ago
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Story key points
2 claims · impact-rated
Hezbollah has rejected a new ceasefire proposal in Lebanon, dimming prospects for a near-term end to regional conflict. — Prolonged geopolitical instability in the Middle East typically supports higher oil prices due to supply disruption risks.
+0.60Oil prices remained largely unchanged on Friday following previous sharp declines. — Price stability indicates the market has already priced in current news and is in a holding pattern.
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FXEmpire
21h ago
