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Oil rises as Iran-U.S. deadlocked peace talks fan fears of extended supply disruption
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- Oil prices rose Monday as the deadlock in Iran-U.S. peace talks fans fears of an extended supply crunch, while experts point to record low inventories.
- International benchmark Brent crude futures for July rose 1.73% to $110.93 a barrel.
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Oil prices rose Monday as the deadlock in Iran-U.S. peace talks fans fears of an extended supply crunch, while experts point to record low inventories.
International benchmark Brent crude futures for July rose 1.73% to $110.93 a barrel. U.S. West Texas Intermediate futures for June advanced 1.52% to $107.24 per barrel.
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