New Delhi, April 24 -- Global crude oil prices continued to trade higher on Friday morning amid ongoing supply disruptions through the Strait of Hormuz and little progress in US-Iran peace talks.
At 7:08 am, the June Brent contract on the Intercontinental Exchange was trading at $106.57, up 1.43% from its previous close. The May contract of West Texas Intermediate on NYMEX rose 1.29% to $97.06 per barrel.
US President Donald Trump on Thursday declined to provide a timeline for the end of the Iran war. Responding to a question on a prospective timeline, Trump told reporters at the White House: "Don't rush me."
The US president blamed what he described as a lack of clear leadership in Iran for holding up talks.
Amid expectations of divi...
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