Oil prices hovered around a seven-month high on Wednesday as the threat of a military conflict between the US and Iran that could disrupt supply continues to worry investors even as talks between the sides are scheduled for Thursday. Brent futures were trading at $71.22 a barrel, up 45 cents, or 0.64%, at 0140 GMT. […]
Oil prices were steady on Tuesday as investors assessed the risks of supply disruption after Iran conducted naval exercises near the Strait of Hormuz ahead of nuclear talks with the US later in the day. US President Donald Trump said on Monday he would be “indirectly” involved in the Geneva talks, adding that he believes […]