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Monday, 17 August 2026 · Global Edition

Oil rises on Iran war stalemate; near-term potential for further gains seen limited

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Oil rises on Iran war stalemate; near-term potential for further gains seen limited

By Anushree Mukherjee Aug 17 (Reuters) - Oil prices rose on Monday on a lack of progress in diplomatic efforts to resolve the Middle East conflict, though the absence of major supply outages limited

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