Oil Markets Grow Numb to U.S.-Iran Ceasefire Drama
OilPrice.com
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Oil prices remain stuck in a tight range as traders look past geopolitical headlines and wait for clarity on the fragile U. S. -Iran ceasefire.
Friday, July 03, 2026 Following weeks of extremely volatile and geopolitics-driven trading, oil prices have been exceptionally calm this week, with ICE Brent trending within a narrow range of $71-73 per barrel.
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