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Brent crude rose 1.27% to $105.64 a barrel on Monday, while US oil reached $93.11. Donald Trump rejected an Iranian peace proposal but said US negotiators would hold more talks this week. Middle East crude exports rose to 12.8 million barrels per day in September, while shipments through the Strait of Hormuz recovered to about 7.4 million barrels per day.
Reported by Reuters · How we write briefs
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