Oil prices edged higher on Tuesday, spurred by worries about political instability in Russia and possible supply disruptions, as well as US demand hopes ahead of the summer driving season. By 0041 GMT, Brent crude futures had climbed 37 cents to $74.55 a barrel, while US West Texas Intermediate (WTI) futures rose 42 cents to $69.79 a barrel. On Monday, Brent had climbed 0.5 per cent and the WTI 0.3 per cent.
A clash between Moscow and Russian mercenary group Wagner was averted on Saturday after the heavily armed mercenaries withdrew from the southern city of Rostov under a deal that halted their rapid advance on the capital.
