Oil prices edge higher after Vance threatens Israel against violating ceasefire

Oil prices experienced volatility following US Vice President JD Vance's comments, raising concerns about the Iran-US ceasefire's stability.

Brent and WTI crude saw declines as Vance warned Israel against further attacks on Hezbollah, casting doubt on the accord's durability.

The market now watches the Strait of Hormuz, a key oil transit route, for signs of recovery under the new agreement. ...