Shipping has partially resumed through the Strait of Hormuz, as called for under the initial deal between Iran and the United States, after the two countries exchanged strikes last weekend following an Iranian attack on a cargo ship.
Reuters
03 July, 2026, 01:15 pm
Last modified: 03 July, 2026, 01:22 pm
Representational image. Photo: Reuters
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Representational image. Photo: Reuters
Oil prices edged up on Friday (3 July) before a long holiday weekend in the US, as wary optimism held over efforts to secure peace in the Middle East between the United States and Iran.
Brent futures climbed 46 cents, or 0.64%, to $72.26 a barrel as of 0407 GMT. West Texas Intermediate was up 32 cents, or…
