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Oil back above $100 as US to blockade Iranian ports after peace talks fail

The failure of negotiations at the weekend has raised concerns that the global energy crisis will deepen. Oil prices rose back above $100 a barrel as energy markets reopened in Asia on Monday after talks between the US and Iran ended without a new deal and President Donald Trump said he would blockade Iranian ports. Global benchmark Brent crude was up by... [3666 chars]

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