Oil prices have risen over one per cent, after Reuters earlier reported that Iran’s Supreme Leader has issued a directive that the country’s enriched uranium should not be sent abroad.

Brent crude futures have gained $1.39, or 1.3pc, to $106.41 a barrel by 1037 GMT, and US West Texas Intermediate futures has increased $1.56, or 1.6pc, to $99.82. Both were trading lower before the report.

Both benchmarks dropped around 5.6pc on Wednesday to their lowest in more than a week after Trump said talks with Iran were in the final stages.