Oil prices edged up Friday after the previous day's wild swings, with investors awaiting the next move in the Middle East crisis, while stocks rose in holiday-thinned trade following a tech-led record day on Wall Street.
With peace talks between the United States and Iran stalled for the past week, there appears to be little sign that they will agree a deal to reopen the Strait of Hormuz any time soon, choking off a fifth of the world's oil and gas supplies.
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