India, Aug. 4 -- Brent Crude Oil Price Today (August 4): Brent crude and WTI oil prices edged higher on August 4 after steep losses in the previous session, as the ongoing US-Iran conflict, Strait of Hormuz tensions, and fresh shipping security concerns kept investors focused on potential supply disruptions.

Oil prices rebounded on Tuesday after suffering sharp losses in the previous session, as concerns over crude supply disruptions in the Middle East continued to support the market. Investors remained cautious amid the ongoing US-Iran conflict, uncertainty over the Strait of Hormuz, and fresh reports of maritime security incidents near Oman.

Brent crude futures rose 0.7% to $84.39 per barrel, while US West Texas Intermediate (WTI) cru...