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News 2026-09-28 10:37 UTC

Oil Rises as US-Iran Talks Face Setback

Crude oil climbed more than 4% to above $96 a barrel on Monday, recovering from a 2.3% decline in the previous session as uncertainty surrounding US-Iran diplomacy kept supply risks elevated. Tehran continues to support a proposal that US President Donald Trump has rejected, calling for the lifting of a US naval blocka