Oil steadies near one-week highs as US-Iran peace deal hopes dim

🌐 Investing.com (CY) — 2026-08-11

Oil prices steadied near one-week highs amid fading hopes for a US-Iran peace deal, impacting trading dynamics in Cyprus and global markets. This reflects ongoing uncertainty in international energy supply influenced by geopolitical relations.

Politics Markets Commodities Energy Shipping oil prices US-Iran relations peace deal energy markets geopolitics Cyprus

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Oil steadies near one-week highs as US-Iran peace deal hopes dim

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