Brent Crude Stabilizes at $79.78 but Faces 8% Weekly Drop as US-Iran Peace Talks Stall

Brent crude steadied on Friday but remained set for a more than 8% weekly decline as traders weighed fading U.S.-Iran truce prospects after talks were called off and Israel escalated attacks in Lebanon.Brent crude futures were little changed at $79.78 a barrel by 0820 GMT.The fro

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