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Oil Edges Higher as Traders Weigh the Outlook for US-Iran Talks (opens original article in a new tab)

TL;DR

Oil prices remained stable as traders evaluated early progress in Iran peace talks, which involved a US waiver for limited Iranian oil sales.

  • Oil prices steadied due to traders assessing progress in Iran peace talks
  • US granted a waiver permitting limited sales of Iranian oil barrels
  • Peace talks progress influenced market stability

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