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The Commodities Feed: Sanctions push oil higher

The Commodities Feed: Sanctions push oil higher

Additional sanctions hitting Iranian Oil exports are pushing oil prices higher

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Mar 21, 2025
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The Commodities Feed: Sanctions push oil higher
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Energy – US Tightens Sanctions on Iranian Oil Exports

Oil prices rallied yesterday with ICE Brent settling more than 1.7% higher on the day at US$72/bbl, the highest close this month. And this strength has continued in early morning trading in Asia.

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