Crude Prices Jump Amid Saudi-Iran Tensions
Saudi Arabia calls the international Iran nuclear deal ‘flawed’ ahead of a meeting with Donald Trump/ LONDON—Oil prices climbed Tuesday on the back of perceived geopolitical risk to global supply. , the global benchmark, was up nearly 1% at $66.69 a barrel on London’s On the New York Mercantile Exchange, West Texas Intermediate futures were trading up by 1% at $62.75 a barrel./ have been supported by rising political tensions between Saudi Arabia and Iran—two key members of the Organization of the Petroleum Exporting Countries—and fresh ...
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