Brent Crude Climbs 2.8% to $69.21 on U.S.-Iran Talks Breakdown
Brent crude rose 2.8% to $69.21 a barrel after Axios reported U.S.-Iran nuclear talks collapsed over meeting-location disagreements, with Iran rejecting the Istanbul format. U.S. military actions—including shooting down an Iranian drone near USS Abraham Lincoln—and threats of strikes by President Trump further spurred the jump.
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