US-Iran Tensions Send Oil Prices Reeling

Oil prices edged lower on Thursday as investors weighed the uncertainty of renewed military strikes between the US and Iran.

Brent crude futures fell 43 cents, or 0.45%, to $95.20 a barrel, while U.S. West Texas Intermediate crude futures were down 24 cents, or 0.26%, at $90.77.

The price swings between gains and losses during the previous trading session reflected the market's caution over the escalating tensions between the two nations.