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Oil Prices Rise After U.S. Responds to Iran’s Opinion

IranGate
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Oil Prices Rise After U.S. Responds to Iran's Opinion
Increasing oil price, high price of oil, growing arrow graph.

Oil prices rise after the U.S. response to Iran’s opinion

Oil prices rose at the end of Wednesday after the United States announced that it would not give Iran any more concessions in response to Iran’s reply to the draft agreement for reviving the JCPOA.

Iran had previously announced that it received the U.S. response to the final text from the European Union aimed at reviving the 2015 nuclear agreement between Tehran and world powers.

In the late hours of Wednesday, Brent crude oil rose by $1.10 to reach $100.22 per barrel, while U.S. crude oil increased by $1.15 to reach $94.89 per barrel.

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