Oil prices slipped barely after conflicting signals from Iran and the Trump administration. President Trump claimed Washington had held “very good talks” with Tehran in the last 24 hours, while Iranian officials said they were still reviewing an American plan and would relay views through Pakistan. The market stayed flat as uncertainty lingers for investors and traders remaining volatile in the near.

Brent crude edged up less than 1 percent to $102 a barrel, rebounding from an 8 percent drop the day before. West Texas Intermediate ticked at $96, up barely a percent after a 7 percent slide. Asian equities benefitted, with Japan’s Nikkei 225 surging 6 percent, while South Korea’s KOSPI and Hong Kong’s Hang Seng gained over 1 percent each today.

U.S. gasoline prices climbed to an average of $4.54 a gallon, a 53 percent jump since the war began, while diesel rose to $5.67, up 51 percent. The disconnect between crude and retail fuels is typical, as gasoline often trails market moves by days. Investors watch the Strait of Hormuz closely, where disruptions could spike prices further for global oil.