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Oil prices extend gains as US-Iran war deadlock keeps supply off market

By Reuters April 29, 2026 Bullish
Oil prices extend gains as US-Iran war deadlock keeps supply off market
Oil prices extended gains on Thursday on concerns supply from the key Middle East producing region will remain bottled up for longer as talks to end ​the U.S.-Israeli war against Iran have deadlocked.
Oil prices extended gains on Thursday on concerns supply from the key Middle East producing region will remain bottled up for longer as talks to end ​the U.S.-Israeli war against Iran have deadlocked.