New Delhi, May 22 -- Global oil prices rose around 2% on Friday morning after declining in the previous session, as continuing uncertainty over Iran-US peace negotiations kept crude markets volatile.

Oil traded higher amid conflicting signals on the prospects of a breakthrough agreement between Tehran and Washington, while supply disruptions linked to the Strait of Hormuz continued to weigh on global energy markets.

US president Donald Trump on Thursday said the US would recover Iran's stockpile of highly enriched uranium.

However, a Reuters report citing an Iranian source said Iran's Supreme Leader Ayatollah Mojtaba Khamenei had directed that the country's near-weapons-grade uranium should not be sent abroad, raising fresh concerns ov...