Oil gains after Trump denies he is willing to ease sanctions on Iran
- Oil prices increased after President Donald Trump denied plans to ease sanctions on Iran.
- Brent crude rose 0.69% to $103.30 per barrel, while West Texas Intermediate gained 0.48% to $89.81.
- Saudi Arabia resumed oil exports from its Red Sea port, with Middle Eastern crude exports rebounding to levels not seen since the onset of conflict with Iran.
