Brent Crude Surges 6.3% to $78.80 After Trump Comments on Iran Deal

Global oil prices saw a sharp rise after remarks by former US President Donald Trump regarding a potential Iran deal. Brent crude climbed 6.3 per cent to reach $78.80 per barrel. The US benchmark crude also surged, gaining 6.4 per cent to hit $75.00 per barrel. The simultaneous jump in both benchmarks signals a significant market reaction to the geopolitical development.
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