5 hours agoOil Futures Edge Up Ahead of Long U.S. WeekendCrude futures recover early losses ahead of the U.S. Independence Day holiday.Prices are hovering near pre-conflict levels with market focus on the resumption of flows through the Strait of Hormuz and U.S.-Iran talks."While the U.S.-Iran process remains fragile and disputes over Hormuz administration and transit fees persist, we expect the MOU to hold and turn into a deal over the coming months as incentives to de-escalate outweigh the alternative for the U.S., Iran, and much of the Middle East region," Citi's Francesco Martoccia says in a note.
Oil Futures Edge Up Ahead of Long U.S. Weekend
Crude futures recover early losses ahead of the U.S. Independence Day holiday. Prices are hovering near pre-conflict levels with market focus on the resumption of flows through the Strait of Hormuz and U.S.-Iran talks. "While the U.S.-Iran process remains fragile and disputes over Hormuz administr
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