Oil Rises on Fresh Doubts Over US-Iran Diplomacy Outlook

Friday, August 28, 2026 - 02:19
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Oil Rises on Fresh Doubts Over US-Iran Diplomacy Outlook
Oil rose after a report said US President Donald Trump has told mediators he’s uninterested in returning to terms of a June ceasefire deal signed with Iran, casting doubt on a sustainable increase in energy flows through the Strait of Hormuz.

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