Brent crude prices remain near the $100 a barrel mark despite Iran ceasefire extension

Brent tested the $100 a barrel mark again on Tuesday after US Vice President JD Vance scrapped his upcoming trip to Pakistan for participating in the second round of talks with Iran. The rise in oil prices put pressure on US equities as well during regular trading on Tuesday. While futures are moderately higher on the extension news, oil prices remain steady.

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