Oil Steadies As Iran-US Peace Talks Stall
In short
Oil steadied as tensions between Iran and the US stayed muted. The report said there was no sign of progress in peace talks.
What the reporting says
Oil steadied as hostilities between Iran and the US remained muted, according to a Mint Markets summary. The report says there was no indication of progress in peace talks.
Why it matters
Oil steadied after a slump as hostilities between Iran and the US remained muted, based on a Mint Markets summary. The report also says there was no indication of progress in peace talks. That combination helped keep the market from moving sharply again, after the earlier drop mentioned in the headline.