Brent crude rose for the first time in four days as U.S. Secretary of State John Kerry tempered expectations of a possible deal over Iran ’s nuclear work. The European benchmark gained 1.6 percent after Kerry said that there are “some important gaps” in reaching an accord that would ease sanctions against Iran’s oil exports in exchange for concessions on its nuclear work. He spoke in Geneva during an unscheduled stop for the talks. West Texas Intermediate advanced less than Brent as better-than-expected jobs data fueled worry that the Federal Reserve will scale back stimulus. “It’s not clear if the Iranians can deliver enough for the West to reduce sanctions,” said Bill O’Grady, chief market strategist at Confluence Investment Management in St. Louis, which oversees $1.4 billion. “Kerry added a dose of reality to expectations that probably have gotten ahead of themselves. The market is reacting to that reality.” […]