Oil edges up after report of US strike on Iran's Qeshm Island
US West Texas Intermediate crude rises 20 cents, or 0.21%, to $96.66 a barrel
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 t...