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.

Nuclear Stance Hardens as Peace Talks Stall

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