Oil prices edged higher after a selloff as talks to end the US-Iran war remain uncertain. This was reported by Qazaqyia.kz citing Reuters.
Market participants are closely watching geopolitical developments that could affect global supplies. Uncertainty over the outcome of the talks is causing volatility in oil prices.
According to analysts, if the parties reach an agreement, prices could fall further, while a failure of the talks could lead to a rebound.