Oil Edges Higher as Traders Weigh the Outlook for US-Iran Talks (opens original article in a new tab)

Oil prices stabilized as US and Iran made progress in peace talks, including a waiver for Iranian oil sales, though challenges remain in negotiations over nuclear capabilities and regional conflicts.

• Oil prices steadied after a US waiver allowed some Iranian oil sales
• Peace talks between US and Iran showed early progress with a 60-day license for oil exports
• Negotiations face challenges over Iran's nuclear program and regional ceasefire issues