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Oil prices rise nearly 3% after talks between the US and Iran stall, while Brent, WTI and the Strait of Hormuz focus attention.
Oil prices rose for a second consecutive session on Tuesday as concerns over potential disruptions to Middle East supplies due to the US-Iran conflict outweighed signs of recovering crude exports from the region.
- Uncertainty over Strait of Hormuz reopening keeps risk premium elevated in oil markets - Anadolu Agency