Oil steadies, stocks rise as US-Iran peace talks approach

Oil prices steadied as major stock markets mostly rose Wednesday, with attention on upcoming US-Iran peace talks and a rate decision from the Federal Reserve.Data last week showed US consumer prices rose in May at their highest level for three years owing to the impact of surging oil costs caused by the war.

Jun 17, 2026 - 19:00
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Oil steadies, stocks rise as US-Iran peace talks approach
Oil prices steadied as major stock markets mostly rose Wednesday, with attention on upcoming US-Iran peace talks and a rate decision from the Federal Reserve.Data last week showed US consumer prices rose in May at their highest level for three years owing to the impact of surging oil costs caused by the war.

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