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Softer Oil, Softer Greenback

Source: SeekingAlpha

2026-06-04 08:10:00 ET

A new ceasefire between Israel and Lebanon raises hopes of a breakthrough in US-Iran talks where a low-intensity conflict has been waged under the flag of a ceasefire. The Israel-Lebanon deal reportedly does not include Hezbollah, underscoring the fragility and limits of the ceasefire claims. July WTI is near the middle of the $94-96 range. The market seems cautious....

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Softer Oil, Softer Greenback
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