By Yuka Obayashi and Emily Chow TOKYO, Feb 19 (Reuters) - Oil prices rose on Thursday as the U.S. and Iran attempted to ease a standoff in talks over Tehran's nuclear programme while both sides ...
Brent crude futures rose 17 cents, or 0.24%, to $70.52 per barrel, while U.S. West Texas Intermediate (WTI) crude advanced 28 cents, or 0.4%, to $65.47 per barrel, during the Asian trading hours.
This is a massive development in the region since the Iraq war. It includes two aircraft carrier strike groups, more than 50 fighter jets, advanced air-defence systems and long-range bombers.
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