Brent oil tops $104 per barrel on unconfirmed report Iran's top negotiator resigned

Brent oil prices jumped more than 3% after Israeli broadcaster N12 reported that Iran’s top negotiator with the United States has resigned.

Brent

oil rose nearly 3% to $104.79 per barrel by 2:05 p.m. ET. West Texas Intermediate

advanced more than 3% to $95.95 per barrel.

Iran’s parliament speaker Mohammad Bagher Ghalibaf resigned as Tehran’s lead negotiator due to interference from the country’s Revolutionary Guard, according to the N12 report.