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Oil prices rise as Iran rules out interim deal extension, threatens to escalate conflict

CNBC · Finance · 2026-08-17

Oil prices rise as Iran rules out interim deal extension, threatens to escalate conflict

The U.S.-Iran deal was supposed to open the Strait of Hormuz while they negotiated a final deal on Tehran's nuclear program within 60 days. Oil prices rise as Iran rules out interim deal extension, threatens to escalate conflict

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