Oil Prices Stable in Early Asian Trading Amid Ongoing US-Iran Tensions

Oil prices have been steady in early Asian trading, following significant gains in the previous session and a notable monthly increase. Investors are closely watching ongoing efforts to resolve the conflict between the United States and Iran, which may impact crude exports from the Middle East.

Brent crude futures rose by $0.12 or 0.1% to $98.15 per barrel as of 0045 GMT, while West Texas Intermediate (WTI) crude fell by $0.07 or 0.1%, settling at $90.35 per barrel.

Gold prices have remained largely unchanged at the start of Asian trading sessions, with investors awaiting U.S. employment data for clues on interest rate trends.