Oil prices edge higher after tumbling on US-Iran peace deal hopes

AI Summary

Oil prices have increased slightly in Asian trading following a significant drop due to speculation around a potential peace deal between the US and Iran. Market dynamics remain volatile as investors continue to assess the implications of geopolitical changes on oil demand and supply.

Investing.com-- Oil prices edged higher in Asian trade on Thursday after tumbling more than 7% in the previous session, as investors weighed ...