Oil prices hit highest in years as markets adjust to looming sanctions on Iran
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Article by:
Henning Gloystein, Reuters
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Date Published:
May 10, 2018
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Who was cited:
Fereidun Fesharaki, Chairman FGE
Oil prices clocked up more multi-year highs on Thursday as traders adjusted to the prospects of renewed U.S. sanctions against major crude exporter Iran amid an already tightening market.
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