Oil back above $100 as conflicting reports emerge on US-Iran talks

The price of Brent crude oil has risen back above $100 a barrel, after plunging on Monday, as conflicting accounts of potential talks between US and Iran emerged. On Tuesday in Asia, the oil benchmark rose by 4% to $103.94 (£77.57) a barrel, while Nymex Light Sweet was 4.1% higher at $91.75. The p...

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