Oil price rises as markets tighten ahead of Iran sanctions

Oil prices rose on Monday as U.S. markets tightened just weeks ahead of Washington’s plan to impose new sanctions against Iran. Brent crude futures were at 79.84 dollars per barrel . U.S. West Texas Intermediate (WTI) crude futures rose to 71.52 dollars a barrel. Some oil pricing interested stakeholders predict oil to rise to 100…

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