Crude edges up after wild swing, stocks track Wall St rally
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.
After tumbling early in April on news of a ceasefire between the rivals, crude has spiked in recent weeks amid stuttering negotiations, and they soared Thursday after Axio said Donald Trump would be briefed on potential fresh military strikes.
The report compounded...