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Crude prices soar as U.S. restores Iranian sanctions

2018-08-08 5 Dailymotion

And with the U.S. re-imposing sanctions on Iran earlier this week.... global crude oil prices are also continuing to rise.<br /> On the New York Mercantile Exchange,.... prices of West Texas Intermediate crude climbed..... zero-point-two-percent to settle at around 69 U.S. dollars a barrel.<br /> Brent crude futures for October also rose at the ICE Futures Europe exchange... by more than one-percent to trade at.... 74-dollars-53-cents a barrel.<br /> The U.S. sanctions on Iran will start with cars and metals... but from November..... they'll include oil... raising concerns among investors.<br />This move is also expected to prompt a hike in gasoline prices here in Korea. <br />

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