The Star Malaysia CENTER (0.0) Reliability: 7.0/10

Oil flat as chances of US strike on Iran recedes

📅 January 16, 2026 12:00 AM ⏱️ 1 min read 🕐 Scraped: January 16, 2026

Summary: PERTH: Oil prices were flat on Friday with both Brent and U.S. West Texas Intermediate moving only a few cents from their closing prices after the likelihood of a U.S. strike on Iran receded.

PERTH: Oil prices were flat on Friday with both Brent and U.S. West Texas Intermediate moving only a few cents from their closing prices after the likelihood of a U.S.

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🌍 The Star Malaysia

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Published Date

January 16, 2026 at 12:00 AM

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