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Oil Prices Surge as US-Iran Peace Talks Encounter Hurdles

BBC Business

Oil prices jump as US-Iran peace talks hit another snag. What are the implications for global energy markets? Click to find out more!

Oil prices rise sharply as US-Iran negotiations stall.

Brent crude hits $107.70, marking a 10% increase since last week.

President Trump cancels peace talks, citing chaos in Iranian leadership.

Strait of Hormuz remains a critical chokepoint for global oil supply.

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