Crude prices surge as Iran talks continue, fighting in Yemen escalates
surged more than 5% on the penultimate day of trading this week, as negotiations concerning Iran's nuclear program dragged into the last-minute on Wednesday evening in Switzerland. While Iran and its negotiating partners indicated that progress had been achieved on most aspects of the complex agreement, there were still key issues that needed to be resolved on Wednesday during high-level talks in Lausanne. A central issue of contention appears to be whether rigid economic sanctions against Iran will be lifted in the next three months before ...
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