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Oil prices rise as Iran rules out interim deal extension, threatens to escalate conflict - CNBC

Oil prices rise as Iran rules out interim deal extension, threatens to escalate conflict - CNBC

The U.S.-Iran deal was supposed to open the Strait of Hormuz while they negotiated a final deal on Tehran's nuclear program within 60 days.

Crude oil prices edged higher Monday as Iran ruled out talks to extend the memorandum of understanding with the U.S. A senior Iranian official told Reuters that Tehran would shift to offense rather … [+770 chars]

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