Crude Oil Price Hits Record High as Iran Sanctions Tighten Supply Outlook – Thisdaylive

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Oil prices steadied near three and a half-year high yesterday at $77.47 a barrel as the prospect of new United States sanctions on Iran tightened the outlook for Middle East supply at a time when global crude production is only just keeping pace with rising demand.

This is coming as Forte Oil Plc at the ......

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