Oil prices steady as Brent holds at $95 per barrel
Oil prices stabilized after a three-day rally, with Brent crude above $95 and US officials noting strong energy flows through the Strait of Hormuz.
Key Takeaways
AIOil prices stabilized following a three-day rally, after US President Donald Trump said renewed attacks on Iran would be short-lived, while American officials pointed to continued strong energy flows through the Strait of Hormuz.
Brent crude surpassed $95 per barrel after climbing more than 8% over the past three sessions, while West Texas Intermediate remained near $91.
