Reuters
09 Jun 2026, 00:47 UTC · 3h ago
Oil rises slightly as investors await clarity after Iran-Israel halt attacks
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Reuters
09 Jun 2026, 00:47 UTC · 3h ago
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Story key points
2 claims · impact-rated
Iran and Israel have left the door open to a possible resumption of attacks on each other. — Persistent geopolitical instability in the Middle East creates a risk premium for oil prices due to potential supply disruptions.
+0.60Iran and Israel called a halt to hostilities following an appeal from U.S. President Donald Trump. — A ceasefire or cessation of hostilities typically reduces the geopolitical risk premium and puts downward pressure on oil prices.
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