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Oil prices extended gains as efforts to end the US-Israeli war on Iran appeared to have stalled, after a nuclear power plant in the United Arab Emirates came under attack and as US President Donald Trump is expected to discuss military options on Iran, Reuters reports.
Brent crude futures climbed $2.03, or 1.86pc, to $111.29 a barrel by 0220GMT, after touching $112 earlier, the highest since May 5. US West Texas Intermediate crude was at $107.73 a barrel, up $2.31, or 2.19pc, following a rise to $108.70, its highest level since April 30.
