Price of Brent crude oil jumps back above $100 a barrel

Brent crude oil jumps back above $100 a barrel, a day after plunging more than 10 percent in reaction to US President Donald Trump’s decision to delay fresh strikes on Iran as he hailed “very good” talks with Tehran.

Brent rises 2.9% to $102.84, while West Texas Intermediate jumps 3.5% to $91.20.

 

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