Oil extends gains with Brent at $120 as fears of an extended U.S.-Iran conflict rise

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Source: CNBC
Published: 2026-04-30 10:28 UTC+10:00
Section: General
Factuality Score: 92
Opinion Category: Neutral
Topics: Middle East, Military & Defence, Iran, Energy, US Politics, War & Conflict
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Snippet:
Oil extended gains Thursday on signs of a prolonged U.S. blockade of Iranian exports and stalled nuclear negotiations, stoking fears that supplies will remain tight for longer.
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