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Home > Business News > Oil settles lower on hopes for Iran deal following Israel-Lebanon ceasefire

Oil settles lower on hopes for Iran deal following Israel-Lebanon ceasefire

Written By: Editorial Webdesk
Published: June 5, 2026 00:42:07 IST

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By Georgina McCartney HOUSTON, June 4 (Reuters) – Oil prices settled around 3% lower on Thursday on investor hopes for an end to the U.S.-Israeli war with Iran that could reopen the Strait of Hormuz,

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

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