Oil Surges Above $77 After Trump Declares Iran Deal Effectively Dead
Brent crude rose above $77 after President Trump said the memorandum of understanding with Iran was effectively over, lifting oil prices and pressuring U.S. stocks.
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Brent crude rose above $77 after President Trump said the memorandum of understanding with Iran was effectively over, lifting oil prices and pressuring U.S. stocks.
Oil prices dropped below $68 per barrel after Qatar reported progress in indirect Iran-U.S. talks, extending crude’s decline to 43% from its recent peak.