Oil edges up after report of US strike on Iran's Qeshm Island

Oil prices edged up on Tuesday after a report that the United States had struck Iran’s Qeshm Island, raising concerns about an escalation of the eight-month conflict and prolonged disruptions to Middle East oil supplies. US West Texas Intermediate crude was up 20 cents, or 0.21%, at $96.66 a barrel while Brent crude futures rose 3 cents, or 0.03%, to $104.8 a barrel by 0355 GMT. Both benchmark prices dropped more than 7% on Monday as talks between Iranian and Qatari officials lifted hopes for an

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