Oil climbs as Iran rejects MoU extension and signals escalation

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Source: cnbc.com
Oil climbs as Iran rejects MoU extension and signals escalation
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TL;DR Summary

Oil prices rose after Iran ruled out extending the June 17 U.S.-Iran memorandum of understanding, signaling a potential shift to offense if diplomacy fails as the 60-day window for nuclear talks nears expiry; U.S. crude traded around $82.79 per barrel and Brent around $89.06.

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