Crude-oil prices moved higher as uncertainty over a possible US-Iran agreement revived concerns about global supply.
Brent futures gained 72 cents, or 0.81 per cent, to $89.63 a barrel in early trading. US West Texas Intermediate crude rose 71 cents, or 0.85 per cent, to $83.91. The market remains sensitive to diplomatic developments that could affect Iranian exports and the wider supply outlook.
Source: Business Standard. This report is an original summary based on the cited source.
