NewzOil prices climbed for the first time in five sessions on Tuesday, driven by investor anticipation surrounding potential talks between the United States and Iran at the United Nations General Assembly. The upward movement followed a weekend increase in oil supplies emerging through the Strait of Hormuz.
Brent crude futures for the November contract registered gains, with Arab News reporting a rise of $1.72, or 1.7 percent, to $102.0. The market activity reflects ongoing sensitivity to geopolitical developments and diplomatic engagements in the Middle East region.
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