International

Oil prices hold steady amid US-Iran tensions

Oil prices hold steady amid US-Iran tensions
Photo credit: Minute mirror

Summary

  • Global oil prices remained largely stable on Friday as traders assessed the risk of renewed tensions between the United States and Iran alongside signs of improving oil supplies from the Middle East.
  • The United States is reportedly considering sending another aircraft carrier and thousands of additional troops to the Middle East as President Donald Trump weighs the possibility of renewed strikes against Iran following the US midterm elections.
  • Meanwhile, the United States has urged Germany and France to release emergency diesel stocks to help ease pressure on global fuel prices.

AI Generated Summary

Global oil prices remained largely stable on Friday as traders assessed the risk of renewed tensions between the United States and Iran alongside signs of improving oil supplies from the Middle East.

Originally published by Minute mirror on Oct 2, 2026 Read the full article at minutemirror.com.pk
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