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Oil climbs on Wednesday as peace talks between US and Iran stall

Brent crude is tracking toward a solid 14% monthly price increase, representing its highest monthly rise since July. Donald Trump explicitly denied public claims that Washington plans to lift sanctions on Tehran or release frozen funds. Saudi Arabia also restarted oil tanker departures from its Yanbu port while wider regional crude shipments gradually recover.

By BriefTea Editorial · 30 September 2026 at 11:18

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