Oil prices inched higher on Friday as traders turned cautious due to uncertainty over shipping through the Strait of Hormuz alongside US President Donald Trump's recent remarks that the war could end "pretty soon."

Oil prices saw a slight increase on Tuesday after significant Monday losses. Supply risks in the Middle East resurfaced as diplomatic hopes faded. Shipping activity through the…

Oil prices rose slightly on Wednesday after two days of steep losses, with markets closely watching efforts to end the US-Iran war and restore shipping through the Strait of…