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<Commodity> Brent Oil Up 3% on US-Iran Tensions, Near USD100
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Oil prices rose sharply on Tuesday amid market concerns over whether the United States and Iran will hold peace talks.

Brent oil futures for June delivery increased by USD3, or 3.1%, to USD98.48. New York oil futures for June delivery climbed by USD2.25, or 2.6%, to USD89.67.

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