Oil prices pares gains after Iran announces end to attacks on Israel
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Article Excerpt
Oil prices settle US$1 higher after Iran and Israel say they have halted attacks
REUTERS
PUBLISHED JUNE 8, 2026
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Oil prices settled $1 higher after rising more than 5% earlier in the session on Monday as Iran and Israel said they had halted attacks on each other following an appeal from U.S. President Donald Trump.
Tehran, however, said it would resume strikes if Israel continued to hit Hezbollah in Lebanon.
Brent crude futures closed $1.16, or 1.3%, h…
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