Oil prices have stabilized after experiencing significant declines over the past two trading sessions. This development is being closely watched by investors who are awaiting the outcome of efforts to resolve the conflict between the US and Iran. Further details on the situation and its impact on the oil market are available from the Galveston County Daily News.

The news source reports on the current state of oil prices and the factors influencing them. For more information on the latest developments in the oil market, readers can refer to the original report, which provides additional context and insights into the current situation.