Reporting and perspectives on oil prices.
Brent crude fell in early Asian trading after Donald Trump said US and Iranian representatives had held what he called "very productive" talks. Reports that Saudi Arabia is restarting a key oil pipeline also weighed on prices.
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Asian shares mostly rose in early Friday trading, getting a lift from a rally on Wall Street as well as declining oil prices.
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Brent crude has shot up to above $100 a barrel after US forces destroyed five Iranian tankers and Tehran responded with missile strikes on Jordan, the latest escalation in the conflict that has kept the Strait of Hormuz largely shut since February.
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