Oil steadies as market awaits possible US-Iran ceasefire deal
Oil futures steadied but headed for their steepest weekly drop since early April, as reports suggested the U.S. and Iran reached a potential ceasefire extension. Traders awaited further details on a possible agreement impacting geopolitical risk and oil supply expectations. May 29, 2026. source http://www.adaderana.lk/news.php?nid=123090