Oil prices rose on Wednesday after US President Donald Trump rejected reports that he was prepared to ease sanctions on Iran, while Qatar pushed for peace talks. Prices had fallen in the previous session as crude supply from the Middle East showed signs of recovery.
Trump, however, denied an Axios report citing US officials who said he was willing to provide Iran with sanctions relief and release frozen Iranian funds in exchange for "concrete" steps from Tehran on its nuclear programme. "This is untrue. I offered them nothing," Trump wrote on his Truth Social account.
