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STATS From: Iran USA Conflict Live Blog / Updates

Oil up about 2% after Iran says enriched nuclear material will stay in the country

Oil prices are up about 2% on Wednesday after Iran's security chief, Rezaei, said Tehran would not let enriched nuclear material leave the country, Reuters reports via Dawn. That is double the gain of about 1% that Dawn logged around midday UK time on the same remarks.

Reuters says the comments added to supply worries that had already lifted prices off Tuesday's two-month lows. Earlier on Wednesday, Brent had risen 1.1% to $92.53 a barrel.

No price level has been reported alongside the latest rise, so the 2% figure has not been independently checked.

Dawn adds that Washington says nuclear issues must be part of any initial negotiations with Tehran.

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