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The Business Brief SUNDAY, 16 AUGUST 2026
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Oil Edges Higher as Middle East Tensions Linger: Markets Wrap

1 source ·1 article ·1h ago

Oil opened slightly higher as traders weighed renewed Israeli attacks on Lebanon and the prospect of fresh US sanctions on Iran ahead of the formal end of the ceasefire due Monday.

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Bloomberg 1

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Bloomberg Markets ·1h ago

Oil Edges Higher as Middle East Tensions Linger: Markets Wrap

Oil opened slightly higher as traders weighed renewed Israeli attacks on Lebanon and the prospect of fresh US sanctions on Iran ahead of the formal end of the ceasefire due Monday.