Oil edges up despite Iran de-escalation talks

SINGAPORE: Oil prices edged up on Friday despite US President Donald Trump extended a pause in attacks on Iran’s energy plants for 10 days, with investors on edge as an imminent resolution to the conflict looked unlikely. Brent crude was up $1.59 cents to $106.60 per barrel as of 11:58 a.m. Saudi time, while US West Texas ‌Intermediate futures were up £1.49 cents at $95.97 per barrel. “Despite talks of de-escalation, oil is trading on war longevity, not just headlines.

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