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Oil Prices Surge as Iran's Supreme Leader Refuses to Surrender Enriched Uranium
Markets

Oil Prices Surge as Iran's Supreme Leader Refuses to Surrender Enriched Uranium

U.S. crude jumped nearly 4% to $101.96 and Brent climbed to $108.34 after Iran's new supreme leader directed enriched uranium to remain in country, hardening Tehran's position in ongoing peace talks.

May 21, 2026