Oil prices rise 2pc as US, Iran extend talks into next week

LONDON, Feb 27 (Reuters): Oil prices rose more than $1 on Friday as traders remained on alert for potential supply disruptions after the United States and Iran extended nuclear talks.Brent crude futures advanced by $1.38, or 1.95 per cent, to $72.13 a barrel by 1110 GMT while US West Texas...

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Gold heads for seventh straight monthly gain

Gold prices were largely steady on Friday, on track for their seventh straight month of gains as uncertainty over US tariff policies and tensions between the US and Iran boosted the metal's safe-haven appeal, reports Reuters.Spot gold edged down 0.1 per cent to $5,181.18 per ounce by 0837 GMT. The...

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China suspends some agricultural tariffs on Canada

BEIJING, Feb 27 (Reuters): China said on Friday it would suspend some tariffs on Canadian agricultural products imposed during a trade spat between Beijing and Ottawa, after Canadian Prime Minister Mark Carney struck an initial deal with Beijing during a visit in January.China will suspend 100 per cent tariffs on...

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