Oil prices climb 3% on report US officials reject Irans request to change location of talks

NEW YORK, Feb 4 (Reuters) – Oil prices climbed about 3% on Wednesday on a report that the U.S. would not agree to change the location and format of talks with Iran planned for Friday.

Brent futures rose $2.06, or 3.06%, to $69.39 a barrel at 1:09 p.m. EST (1809 GMT), while U.S. West Texas Intermediate (WTI) crude rose $1.93, or 3.05%, to $65.14.

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