Oil hovers below $100 as Trump signals progress in Iran talks

Oil prices sat below the $100-a-barrel level on Wednesday, as investors assessed signs of diplomatic progress between the U.S. and Iran and improving prospects for Middle Eastern crude flows. By 04:28 ET (08:28 GMT), Brent crude futures, the global oil benchmark, had inched up by 0.2% to $99.48 a barrel, while U.S. West Texas Intermediate ...

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