Oil prices rise for a third day as traders assess conflicting reports over a possible US-Iran nuclear agreement.
West Texas Intermediate crude climbed above $82.50, reaching $82.70 per barrel in Asian trading on Wednesday. The gain marks a third consecutive session of advances for the benchmark oil contract.
Prices have been supported by mixed signals surrounding a potential deal between the US and Iran, which could impact global oil supply. Earlier reports suggested progress, while recent developments indicate delays or setbacks.
No immediate market reaction data was provided, but the uncertainty continues to drive volatility in crude markets.