Oil steady as U.S.-Iran row balances trade worries
Oil prices steadied on Tuesday as tension between the United States and Iran highlighted risks to supply and trade disputes raised prospects for slower economic growth and weaker energy demand. Brent crude oil was unchanged at $73.06 a barrel by 1145 GMT. U.S. light crude was 35 cents higher at $68.24.
Oil prices steadied on Tuesday as tension between the United States and Iran highlighted risks to supply and trade disputes. Image source: Reuters