Oil up 1pc after Iran says no nuclear material will leave the country

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Oil prices are up about one per cent from the previous session’s two-month lows, after Iran’s security chief said Tehran would not allow even a single particle of enriched nuclear material to leave the country, Reuters reports.

Brent futures are up $1.28, or 1.4pc, to $92.77 a barrel as of 0934 GMT (2:34pm PKT). US West Texas Intermediate crude has gained 76 cents, or 0.9pc, to $86.80.

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