Oil prices have climbed in recent weeks, even as a global surplus has left hundreds of millions of barrels floating offshore. On Wednesday, oil prices ended over 4% higher as traders priced in the risk of supply disruptions amid tensions between the US and Iran and uncertainty over the war in Ukraine, after talks in Geneva ended without a breakthrough. Oil futures edged up early Thursday, with US West Texas Intermediate crude oil futures trading around $65.30 per barrel at 1:04 a.m., while