Oil extends gains amid U.S.-Iran diplomacy doubts

Oil prices ticked higher on Thursday, extending sharp gains from the previous session, as hopes faded that diplomatic efforts will yield an imminent end to the Iran conflict. By 04:01 ET (08:01 GMT), Brent crude futures had gained 1.1% to $104.19 a barrel, while U.S. West Texas Intermediate crude futures had risen by 0.9% to ...

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