OilPrice
A new round of sanctions targeting Iran’s oil industry and the country’s oil minister boosted oil prices earlier today, offsetting the negative effect of the International Energy Agency’s latest monthly report, released Thursday. At the time of writing, Brent crude was trading at $70.33 per barrel and West Texas Intermediate was changing hands for $67.02 per barrel…
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Iran Sanctions Prop Up Oil Prices
Camellia Latson
11:19
A new round of sanctions targeting Iran’s oil industry and the country’s oil minister boosted oil prices earlier today, offsetting the negative effect of the International Energy Agency’s latest monthly report, released Thursday. At the time of writing, Brent crude was trading at $70.33 per barrel and West Texas Intermediate was changing hands for $67.02
