Oil Prices Steady Amid Middle Eastern Supply Risks and Diplomatic Efforts
Oil prices steadied after a three-day drop, as traders tracked supply risks in the Middle East and diplomatic efforts to end the US-Iran war.
Saudi Arabia issued air-raid alerts for Riyadh over the weekend, the first since March and April's height of the conflict. The kingdom has been facing threats from Iran-backed Houthis in Yemen.
President Donald Trump said he would 'probably' be open to a meeting with his Iranian counterpart, Masoud Pezeshkian, on the sidelines of the UN General Assembly in New York this week.