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Oil Prices Rise After US Response to Iran’s Opinion

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Increasing oil price, high price of oil, growing arrow graph.

Oil prices rise after the US response to Iran’s view

After the United States announced that it would not give more concessions to Iran’s response to the draft agreement to revive the JCPOA, oil prices rose at the end of Wednesday.

Iran had previously announced that it received the US response to the European Union’s final text for reviving the 2015 nuclear deal between Tehran and world powers.

In the final hours of Wednesday, each barrel of Brent oil rose by 1 dollar and 10 cents, reaching 100 dollars and 22 cents, while US crude oil rose by 1.15 dollars to reach 94 dollars and 89 cents per barrel.

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