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Trump denies offering Iran sanctions relief; Qatar pushes for peace talks

U.S. President Donald Trump has denied reports that he had offered sanctions relief to Iran in exchange for concessions from Tehran on its nuclear program.

US President Donald Trump has denied reports that he offered sanctions relief to Iran in exchange for concessions on its nuclear program. According to CNBC, Trump made the denial in response to a report.

Qatar is pushing for peace talks between the US and Iran, but Axios reported that these efforts have not yielded a breakthrough.

The situation is affecting oil prices, with West Texas Intermediate (WTI) trading around $88.30, according to FXStreet. The price increase comes after Trump's denial of offering sanctions relief. US crude oil inventories rose last week, with a 1.019 million barrel increase, as reported by the American Petroleum Institute (API).

Brief written by urgent.news from CNBC World, CNBC, FXStreet — 3 reports on this story. Machine-written — may contain errors; check the original before relying on it.

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