Oil prices steady as ebbing Iranian protests lower chance of US attack
Reuters·2026-01-19 02:17
Core Viewpoint - Oil prices remained stable on Monday following a rise in the previous session, influenced by the reduction of civil unrest in Iran due to a crackdown on protests, which in turn decreased the likelihood of a U.S. military response [1] Group 1 - Oil prices were little changed on Monday after experiencing an increase in the prior session [1] - The civil unrest in Iran has been quelled due to a deadly crackdown on protests, impacting market perceptions [1] - The reduced chance of a U.S. attack on Iran is linked to the stabilization of the situation within the country [1]