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

(Reuters) – Oil prices steadied on Tuesday at more than ‌one-week highs amid fading hopes of a deal between the U.S. and Iran to end their war and reopen the Strait of Hormuz, after President Donald Trump demanded compensation for damage the U.S. has ​incurred. Brent crude futures were flat at $87.81 a barrel by… Continue reading Oil steadies near one-week highs as US-Iran peace deal hopes dim