Oil was little changed on Friday as prospects dimmed for a near-term end to the U.S.-Israeli war with Iran after Hezbollah rejected a new ceasefire in Lebanon.

Prices could hit $150 a barrel if truce falters and Strait of Hormuz remains closed, analysts say

BEIJING/PERTH, June 4 : Oil prices fell on Thursday as a ceasefire deal between Israel and Lebanon boosted hopes for a broader agreement to end the U.S.-Israeli war with Iran that…