Home Business Oil steadies as U.S. supply concerns ease but Iran tensions loom Business Oil steadies as U.S. supply concerns ease but Iran tensions loom By Genpie - July 16, 2019 156 0 Facebook Twitter Google+ Pinterest WhatsApp Oil prices steadied on Tuesday as a resumption of production in the Gulf of Mexico after Hurricane Barry and a boom in U.S. supply from shale oil countered tensions in the Middle East.