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Crude oil futures rose more than 1% in Asian trading on the morning of Sept. 28. The move came after U.S. President Donald Trump said on Sept. 26 that…
Crude declined on hopes for a US-Iran breakthrough, though tight physical supplies continue to support the market.
Oil prices rose more than 4% after Yemen's Iran-backed Houthis fired missiles at Saudi Arabia and diplomatic talks between the US and Iran showed little sign of progress.