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Brent crude
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- 1Oil jumps as US-Iran peace talks stall●Oil heads higher as US-Iran peace talks in stalemate Brent crude oil rebounded more than 3% on Monday after US Presiden
Brent crude rebounded more than 3% on Monday after US President Donald Trump rejected an Iranian peace proposal that would have resolved their conflict and reopened the Strait of Hormuz. With diplomatic efforts in stalemate, tensions in the Middle East remain elevated, keeping traders pricing in supply risk and pushing oil prices higher.