Tokyo, February 26 (QNA) - Oil prices climbed on Thursday, hovering near seven-month highs, as investors gauged whether US-Iran talks could avert a military conflict that risks supply disruptions, though gains were capped by a build in US crude inventories.

Brent futures were trading at $71.12 per barrel, up 27 cents, or 0.3 percent. West Texas Intermediate (WTI) futures rose 23 âپ cents, or 0.4 percent, to $65.65.

Brent gained 8 cents on Wednesday, while WTI fell 21 cents. (QNA)