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Oil rises nearly 2% as US–Iran talks stall

Oil prices climbed further on Monday, rising 2% as stalled peace talks between the United States and Iran and restricted flows through the Strait of Hormuz kept global supplies tight.…

Dollar strengthens as US-Iran war pushes oil past $100 per barrel

The US dollar strengthened further on Monday, climbing to a three-month high against the euro as oil prices surged above $100 a barrel, equities declined and investors sought safer assets…