Oil Prices Edge Lower As Markets Weigh Prospects For US-Iran Truce Against Risks To Middle East Energy Infrastructure

Brent Down 0.7% At $105.85/Bbl; WTI Down 0.9% At $93.80/Bbl - US And Iranian Negotiators Exploring Phased Path To End War, Including Reopening Strait Of Hormuz - Saudi Arabia Intercepted Six Houthi Ballistic Missiles Targeting Taif And Yanbu Areas - Saudi Arabia Increasing Crude Flows Through East-West Pipeline To Yanbu, Though Tanker Loadings Have Yet To Resume