Brent crude ticked higher on Friday, but stayed set for a weekly fall of around 8 percent, after Israel and Hezbollah agreed on a ceasefire in Lebanon but Iran set conditions for using the vital Strait of Hormuz.

Oil prices have fallen significantly. This is due to a preliminary agreement between the United States and Iran. The deal aims to reopen the Strait of Hormuz and lift sanctions.…

CALGARY, Alberta, June 19 : Brent crude ticked higher on Friday, but stayed set for a weekly fall of around 8 per cent, after Israel and Hezbollah agreed on a ceasefire in Lebanon…