Oil prices rose on Friday as traders covered bearish bets before the three-day U.S. holiday weekend, even as global markets remained cautious over renewed U.S.-Iran nuclear negotiations. Brent and WTI climbed back from weekly lows, though concerns over potential OPEC+ supply increases cap further gains.
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In Geneva, senior diplomats signaled cautious optimism following fresh U.S.-Iran talks on reviving the 2015 nuclear agreement, despite…
