Brent heads for more than 8% weekly loss as traders weigh US-Iran truce outlook

Israel

BENGALURU/LONDON, June 19 : Brent crude steadied on Friday but held on track for a more than 8 per cent weekly decline, as traders weighed up fading prospects for a lasting U.S.-Iran truce after talks were called off and Israel escalated attacks in Lebanon. Brent crude futures were up 9 cents, or 0.1 per cent, at $79.94 a barrel by 1226 GMT, but were heading for a second weekly decline. The front-month July contract for U.S. West Texas Intermediate crude, which expires on Monday, rose 79 cents,

Brent heads for more than 8% weekly loss as traders weigh US-Iran truce outlook https://www.channelnewsasia.com/ - 19.06.2026 15:59
Brent heading for over 8% weekly loss as traders weigh US-Iran truce outlook https://www.channelnewsasia.com/ - 19.06.2026 13:56

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Brent heads for more than 8% weekly loss as traders weigh US-Iran truce outlook https://www.channelnewsasia.com/ - 19.06.2026 15:59
Brent heading for over 8% weekly loss as traders weigh US-Iran truce outlook https://www.channelnewsasia.com/ - 19.06.2026 13:56