[MARKET ANALYSIS] Oil prices edge higher amid risks of escalation when Trump returns from Beijing

WTI/Brent: WTI Jun'26 +1.0% / Brent Jul'26 +1.0%Oil gradually edged higher amid risks of geopolitical escalation when US President Trump returns from his Beijing trip, as a report noted that Washington informed Tel Aviv of the possibility that Trump could order strikes inside Iran, while Israeli officials were said to remain on high alert this weekend in case Trump decided to resume the war. Furthermore, Trump said in an interview on Fox News that it's just a question of time regarding Iran and that he is not going to be much more patient on Iran.Gold: -0.8%Retreated amid higher yields and a firmer buck, while the downside also coincided with firm losses in silver, which breached below the USD 81/oz level.Copper: -3.1%Declined as the overnight risk sentiment deteriorated, despite the previous constructive headlines from the Trump-Xi summit.