Oil regains some losses as revival of Iran nuclear deal hits bump
Monitoring pact between Tehran and the UN watchdog has expired, speaker of Iran’s parliament says
24 May 2021 - 07:43
Singapore — Oil prices recouped some of last week’s losses on Monday as a potential snag emerged in reviving the 2015 Iran nuclear deal that could add more oil supply, with indirect talks between Washington and Tehran due to resume this week.
Brent crude oil futures for July rose 38c, or 0.6%, to $66.82 a barrel by 7.01am, while US West Texas Intermediate for July was at $63.96 a barrel, up 38c, or 0.6%...
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