Oil prices jump on complications in US Iran peace talks
Brent crude rose 3.3% after reports that Iran will not export its uranium. The move complicates peace talks as global oil inventories continue to decline.
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Brent Crude Oil rose 3.3% to $108.53 a barrel Thursday midday after Iran signaled a harder stance in nuclear negotiations. Prices reversed a 5.6% decline from the previous day following reports that Tehran will block uranium exports. The move threatens to derail peace talks with the United States and prolong energy supply disruptions.
