Oil Holds Near Three-Year High as Doubts on Iran Deal Linger
Sanctions on oil producer Iran could be reinstated if the U.S. withdraws/ Oil prices edged higher Thursday on increased geopolitical tensions, with the U.S. expected to U.S. crude futures rose 16 cents, or 0.24%, to $68.21 a barrel on the New York Mercantile Exchange. Brent, the global benchmark, rose 56 cents, or 0.76%, to $74.56 a barrel on ICE Futures Europe./ Oil prices have climbed to roughly 3½ year highs in recent weeks and have held on to those gains the last few days, despite U.S. data Wednesday showing an unexpected rise in ...
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