Oil on track to post weekly loss as supply outlook improves on Iran deal | The National
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Source: The National (UAE)
Published: 2026-06-19 22:18 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Business, Middle East, Iran, Energy, World News, Business & Economy, War & Conflict
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Snippet:
Oil prices steadied on Friday and were on track to post a weekly loss on the prospect of increased supply in global markets after the US and Iran signed a deal to end the Middle East conflict and reopen the Strait of Hormuz.
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