India, May 29 -- US Isreal Iran War Latest Live Update: Oil prices moved slightly lower on Friday as investors closely monitored ongoing negotiations between the United States and Iran over extending their fragile ceasefire agreement. Market sentiment improved after reports suggested both countries were moving closer to a temporary framework deal that could ease tensions in the Middle East and help restore normal shipping activity through the Strait of Hormuz.

However, gains in optimism were limited after U.S. Vice President JD Vance warned that the negotiations were still incomplete. Speaking to reporters, Vance said Washington and Tehran were "close" to an agreement but admitted they were "not there yet," signaling that major issues re...