CALGARY, Alberta, June 19 : Brent crude ticked slightly higher on Friday but was still on track for a more than 8 per cent weekly decline after Israel and Hezbollah agreed to a ceasefire and tanker traffic through the Strait of Hormuz increased.Brent crude futures were up 20 cents, or 0.25 per cent, at $80.05

Oil prices edged higher as investors assessed the implications of a potential U.S.-Iran peace deal and the reopening of the Strait of Hormuz. While an interim agreement was…

Israel has distanced itself from both the April ceasefire and the latest US-Iran pact, fuelling uncertainty about whether it will hold