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      US Crude Futures Rise Over 4% Amid Stalled U.S.-Iran Peace Efforts

      U.S. crude oil futures experienced a significant increase of over 4%, reaching a session high of $96.44 per barrel. This surge is attributed to ongoing tensions surrounding stalled peace negotiations between the United States and Iran.

      The rise in crude prices reflects market reactions to geopolitical uncertainties, which often influence oil supply and demand dynamics. Traders are closely monitoring developments in U.S.-Iran relations, as any escalation could impact global oil markets.

      As of now, the market remains sensitive to news regarding diplomatic efforts, with investors weighing the potential implications for oil production and exports from the region.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

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