Pakistan, May 12 -- Global oil prices edged higher on Tuesday as uncertainty surrounding negotiations between the United States and Iran continued to fuel concerns over energy supply disruptions.

Read More: Oil prices fall below 100 dollars on Iran deal hopes

Brent crude futures rose 30 cents, or 0.29 per cent, to $104.51 per barrel in early Asian trading, while US West Texas Intermediate crude climbed 31 cents, or 0.32pc, to $98.38 per barrel. Both benchmarks had already gained nearly 2.8pc in the previous session.

Market sentiment remained cautious after US President Donald Trump said a ceasefire with Iran was "on life support," citing major disagreements between the two sides over conditions for de-escalation.

Iran's latest respons...