{"id":36554,"date":"2026-06-09T08:23:51","date_gmt":"2026-06-09T06:23:51","guid":{"rendered":"https:\/\/www.channelafrica.co.za\/channelafrica\/?post_type=news&#038;p=36554"},"modified":"2026-06-09T08:23:51","modified_gmt":"2026-06-09T06:23:51","slug":"oil-falls-as-investors-await-clarity-after-iran-israel-halt-attacks","status":"publish","type":"news","link":"https:\/\/www.channelafrica.co.za\/channelafrica\/news\/oil-falls-as-investors-await-clarity-after-iran-israel-halt-attacks\/","title":{"rendered":"Oil falls as investors await clarity after Iran, Israel halt attacks"},"content":{"rendered":"<div class=\"x_elementToProof\">Oil prices fell on Tuesday, erasing most of the previous session&#8217;s gains, \u200cafter Iran and Israel said they had halted attacks on each other following an appeal from United States (US) President Donald Trump, though both sides warned they could resume hostilities.<\/div>\n<div><\/div>\n<div class=\"x_elementToProof\">Brent crude futures were down 91 cents, or 1%, at $93.34 \u200ba barrel, while US West Texas Intermediate declined $1.13, or 1.2%, at $90.17 \u200ba barrel.<\/div>\n<div class=\"x_elementToProof\"><\/div>\n<div class=\"x_elementToProof\">Prices climbed as much as 5% in the previous session after renewed \u2060Israeli strikes on Iran and attacks in Lebanon reduced hopes of an imminent end to \u200bthe wider war, but pared gains after Iran&#8217;s armed forces announced the end of military operations against Israel.<\/div>\n<div class=\"x_elementToProof\"><\/div>\n<div class=\"x_elementToProof\">&#8220;While \u200bthere is some relief from the latest pause in direct strikes, investors are not convinced the truce will hold,&#8221; said Tim Waterer, Chief Market analyst at KCM Trade.<\/div>\n<div class=\"x_elementToProof\"><\/div>\n<div class=\"x_elementToProof\">Iran and Israel said they had halted attacks on each other \u200bafter an appeal from President Trump that they immediately &#8220;stop &#8216;shooting'&#8221;, though Tehran said it would resume strikes \u200bif Israel continued to hit Hezbollah in Lebanon.<\/div>\n<div class=\"x_elementToProof\"><\/div>\n<div class=\"x_elementToProof\">&#8211;Reuters&#8211;<\/div>\n","protected":false},"featured_media":35849,"template":"","meta":{"_acf_changed":false,"_links_to":"","_links_to_target":""},"news-type":[44],"class_list":["post-36554","news","type-news","status-publish","has-post-thumbnail","hentry","news-type-finance","entry"],"acf":{"short_description":"","published_date":"","news_description":"Oil prices fell on Tuesday","form_embed":"","author":"","image_caption":""},"_links":{"self":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/36554","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news"}],"about":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/types\/news"}],"version-history":[{"count":1,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/36554\/revisions"}],"predecessor-version":[{"id":36555,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/36554\/revisions\/36555"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media\/35849"}],"wp:attachment":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media?parent=36554"}],"wp:term":[{"taxonomy":"news-type","embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news-type?post=36554"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}