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Oil steadies around $107 on Iran talks

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Brent crude oil steadied around $107 a barrel on Monday after big powers extended talks with Iran and eased sanctions on the Islamic republic slightly, opening up the possibility of an eventual deal and higher Iranian oil sales.

  • Updated: Sat 4 Apr 2015, 4:46 AM

Iran and six world powers failed to meet a July 20 deadline for a settlement over Tehran’s nuclear activities, but held out hope of an agreement by extending the negotiations for four months.


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