Oil Prices Ease Slightly on Friday After Sharp Jump Earlier in Week

Crude slipped modestly amid mixed signals from US-Iran tensions, with the move leaving weekly gains intact.

Oil prices fell slightly on July 10 but stayed on track for a weekly advance as traders weighed escalating supply risks from US-Iran strikes. The modest decline followed a more than 5 percent surge on July 8 after former President Trump declared an Iran truce at an end following fresh attacks in the Middle East.

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